# Economics-Macroeconomics

## Quiz 9 :The Exchange Rate and the Balance of Payments

Question Type
By definition, currency depreciation occurs when the value of
Free
Multiple Choice

B

Tags
Choose question tag
When the U.S. dollar depreciates against the yen, the yen ________ and the exchange rate ________.
Free
Multiple Choice

C

Tags
Choose question tag
When Safeway supermarkets in the United States buys strawberries from Mexico
Free
Multiple Choice

B

Tags
Choose question tag
The term "foreign currency" refers to foreign I. coins II. notes III. bank deposits
Multiple Choice
Tags
Choose question tag
An increase in the value of a domestic currency in terms of other currencies is known as
Multiple Choice
Tags
Choose question tag
If portable disk players made in China are imported into the United States, the Chinese manufacturer is paid with
Multiple Choice
Tags
Choose question tag
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?
Multiple Choice
Tags
Choose question tag
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
Multiple Choice
Tags
Choose question tag
Which of the following examples definitely illustrates an appreciation of the U.S. dollar?
Multiple Choice
Tags
Choose question tag
Which of the following examples definitely illustrates a depreciation of the U.S. dollar?
Multiple Choice
Tags
Choose question tag
The exchange rate is the
Multiple Choice
Tags
Choose question tag
The exchange rate is the price at which the ________ of one country exchanges for the ________ of another country.
Multiple Choice
Tags
Choose question tag
If the United States sells beef to Japan, the U.S. beef producer is paid with
Multiple Choice
Tags
Choose question tag
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.
Multiple Choice
Tags
Choose question tag
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
Multiple Choice
Tags
Choose question tag
When the value of one currency falls relative to another currency, the exchange rate for the first currency has
Multiple Choice
Tags
Choose question tag
When the U.S. dollar depreciates against the yen, the yen becomes ________ expensive and the U.S. exchange rate ________.
Multiple Choice
Tags
Choose question tag
A decrease in the value of a currency in terms of other currencies is known as
Multiple Choice