If Interest Rates Rose More in Japan Than in the U.S

question 100

Multiple Choice

If interest rates rose more in Japan than in the U.S. ,then other things the same

• A)U.S.citizens would buy more Japanese bonds and Japanese citizens would buy more U.S.bonds.
• B)U.S.citizens would buy more Japanese bonds and Japanese citizens would buy fewer U.S.bonds.
• C)U.S.citizens would buy fewer Japanese bonds and Japanese citizens would buy more U.S.bonds.
• D)U.S.citizens would buy fewer Japanese bonds and Japanese citizens would buy fewer U.S.bonds.

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Definitions:

Potlatch

On the northwestern coast of North America, a ceremonial event in which a village chief publicly gives away stockpiled food and other goods that signify wealth.

Conspicuous Consumption

The spending of money on luxury goods and services to publicly display economic power—the social status of the consumer.

Ecological Adaptive

The process by which organisms adjust to changes in their environment to maintain or improve their survival prospects.

Domesticated

Refers to animals or plants that have been modified from their natural states to be of use to humans through selective breeding.