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Question 16 1 pts Assume that the U.S. experiences a significant increase in income, while Japan's income remains steady. This event should place pressure on

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Question 16 1 pts Assume that the U.S. experiences a significant increase in income, while Japan's income remains steady. This event should place pressure on the value of the Japanese yen, other things being equal. (Assume that interest rates and other factors are not affected.) O upward downward no O upward and downward (offsetting) Question 17 1 pts If two currencies appreciate the same % against the dollar, then the two currencies likely remained unchanged with regard to the cross currency exchange rate to each other? True False

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