In the Floating Exchange Rate Relationship Between the Dollar and the Yen

question 41

Multiple Choice

In the floating exchange rate relationship between the dollar and the yen, dollar supply includes:

• A) Japanese exports to the US
• B) Yen to dollar conversions
• C) US firms in Japan repatriating profits to the home market
• D) Japanese investments to the US

---

Definitions:

Mark-up

The amount added to the cost price of goods to cover overhead and profit, resulting in the selling price.

Sweater

A knitted garment typically with long sleeves, worn over the upper body.

Overhead Expenses

General business expenses not directly attributable to a specific product or service, such as rent, utilities, and administration costs.

Break-even Price

The price at which total costs and total revenue are equal, resulting in no net gain or loss.