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Title: Exchange rates are for currency what: Post by: AllisonHope3 on Feb 27, 2018 Exchange rates are for currency what:
a. c, d and e. b. discounts are for sales. c. interest is for capital. d. prices are for apples. e. wages are for labor. QUESTION 2 Keynes argued that the economy naturally achieves full employment because supply creates its own demand. a. True b. False Indicate whether the statement is true or false QUESTION 3 Between 1960 and 1997, the federal budget was never in surplus. a. True b. False Indicate whether the statement is true or false QUESTION 4 Who would benefit if the exchange rate with yen (in U.S. dollars) increased? a. c and e. b. Japanese tourists. c. U.S. consumers. d. U.S. exporters. e. Japanese exporters. QUESTION 5 Classical economists reject the laissez-faire theory that the economy would self correct to full employment without government interference. a. True b. False Indicate whether the statement is true or false QUESTION 6 The U.S. Treasury is responsible for preparing and submitting the initial budget recommendation to the president. a. True b. False Indicate whether the statement is true or false QUESTION 7 The nice thing about foreign exchange markets is that the goods are money, and they are paid for with money. This means that if the U.S. dollar ____ the Japanese yen ____. a. goes down; goes down b. goes up; goes up c. buys more yen; buys more dollars d. buys fewer yen; buys fewer dollars e. buys more yen; buys fewer dollars Title: Exchange rates are for currency what: Post by: Jello on Feb 27, 2018 |