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IULTIPLE CHOICE ' . , * , , iiiii If the exchange rate value of one U. S dollar changes from 120 Japanese yen to
IULTIPLE CHOICE ' . , * , , iiiii If the exchange rate value of one U. S dollar changes from 120 Japanese yen to 140 yen, a. the U. S. dollar has appreciated relative to the yen. - ' b. the Japanese yen has depreciated relative to the dollar. c. the US. dollar has depreciated relative to the yen.\" d. ' both a and b have occurred." ' ~ - .s ' 2.. Under a exible exchange rate system, which of the following will be most likely to cause a deprecie tion in the exchange rate value of the dollar (relative to the English pound)? ' a. An economic boom occurs in England, inducing English consumers to buy more American-made automobiles, trucks, and computer products . ' ' b. Real interest rates in the United States fall lower than real interest rates in England. 0. Restrictive monetary policy 1n the United States causes ination to be lower than 111 England. (1. Attractive investment opportunities in the United States induce English investors to \"buy stock 111 U. 8. rms. -.3 .If the exchange rate between the U. S. dollar and the Japanese yen were such that one U. S. dollar equal 100 yen, what would be the price in dollars of a Japanese automobile that cost 2,000,000 yen? a. _ $100 '0. $20,000 c. $120,000 ' d. _s2,000,000 o .._
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