Increased America imports of Japanese goods creates a. an increase in demand for U.S. dollars and a decrease in demand for Japanese yen. b. a decrease in demand for U.S. dollars and an increase in supply for Japanese yen. c. an increase in demand for Japanese yen and a decrease in supply of U.S. dollars. d. an increase in demand for Japanese yen and an increase in supply of U.S. dollars. e. an increase in supply of Japanese yen and an increase in supply of U.S. dollars
Increased America imports of Japanese goods creates a. an increase in demand for U.S. dollars and a decrease in demand for Japanese yen. b. a decrease in demand for U.S. dollars and an increase in supply for Japanese yen. c. an increase in demand for Japanese yen and a decrease in supply of U.S. dollars. d. an increase in demand for Japanese yen and an increase in supply of U.S. dollars. e. an increase in supply of Japanese yen and an increase in supply of U.S. dollars
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Increased America imports of Japanese goods creates
a. an increase in demand for U.S. dollars and a decrease in demand for Japanese yen.
b. a decrease in demand for U.S. dollars and an increase in supply for Japanese yen.
c. an increase in demand for Japanese yen and a decrease in supply of U.S. dollars.
d. an increase in demand for Japanese yen and an increase in supply of U.S. dollars.
e. an increase in supply of Japanese yen and an increase in supply of U.S. dollars
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