If the Rate of Inflation in Japan Dramatically Increases While

question 114

Multiple Choice

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then

• A) the demand curve for dollars shifts to the left.
• B) the demand curve for dollars shifts to the right.
• C) the demand curve for yen shifts to the right.
• D) the demand curves for both yen and dollars remain constant.