Suppose the Exchange Rate Changes So That More Japanese Yen

question 174

Multiple Choice

Suppose the exchange rate changes so that more Japanese yen are required to buy a dollar. We could conclude that:

• A) the Japanese yen has appreciated in value.
• B) U.S. citizens will buy more Japanese imports.
• C) Japanese will demand more U.S. exports.
• D) U.S. citizens will buy less Japanese imports.

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Definitions:

Average Score

The arithmetic mean calculated by dividing the sum of scores by the number of scores.

Correlation

A statistical measure that describes the degree to which two variables move in relation to each other.

Hypothesis

An if–then statement of conjecture that relates variables to one another and is used to reflect the general problem statement or question that is the motivation for asking a research question.

Directional Research Hypothesis

A research hypothesis that posits a difference between groups in one direction.