Economics-Macroeconomics

By definition, currency depreciation occurs when the value of

When the U.S. dollar depreciates against the yen, the yen ________ and the exchange rate ________.

When Safeway supermarkets in the United States buys strawberries from Mexico

The term "foreign currency" refers to foreign I. coins II. notes III. bank deposits

An increase in the value of a domestic currency in terms of other currencies is known as

If portable disk players made in China are imported into the United States, the Chinese manufacturer is paid with

Suppose the exchange rate of the U.S. dollar was 1.50 British pounds = $1.00 (U.S.) on Wednesday, and on the following Monday the exchange rate was $0.75 (U.S.) = 1.00 British pound. Which of the following best describes what happened between Wednesday and the following Monday?

Last year the exchange rate between U.S. dollars and Mexican pesos was 10 pesos per dollar. Today is it 11 pesos per dollar. Here, the dollar ________ against the peso, and the peso ________ against the dollar

Which of the following examples definitely illustrates an appreciation of the U.S. dollar?

Which of the following examples definitely illustrates a depreciation of the U.S. dollar?

The exchange rate is the

The exchange rate is the price at which the ________ of one country exchanges for the ________ of another country.

If the United States sells beef to Japan, the U.S. beef producer is paid with

Which of the following statements is CORRECT? I. The exchange rate is a price. II. The exchange rate is different from other prices because it is NOT determined by supply and demand.

Suppose that the exchange rate between the dollar and the peso changed from 6 pesos per dollar to 8 pesos per dollar. This change means that the

When the value of one currency falls relative to another currency, the exchange rate for the first currency has

When the U.S. dollar depreciates against the yen, the yen becomes ________ expensive and the U.S. exchange rate ________.

A decrease in the value of a currency in terms of other currencies is known as

Americans demand Japanese yen in order to

If the dollar's value changes from 120 yen per dollar to 110 yen per dollar, the dollar has