For the United States,suppose the Annual Interest Rate on Government

question 48

Multiple Choice

For the United States,suppose the annual interest rate on government securities equals 12 percent while the annual inflation rate equals 8 percent.For Japan,suppose the annual interest rate equals 5 percent.These variables would cause investment funds to flow from:

• A) The United States to Japan,causing the dollar to depreciate
• B) The United States to Japan,causing the dollar to appreciate
• C) Japan to the United States,causing the yen to depreciate
• D) Japan to the United States,causing the yen to appreciate

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Textile Industry

A sector engaged in the production of yarn, cloth, and the subsequent design or manufacture of clothing and their distribution.

Athletic Performance

The level of achievement and proficiency demonstrated by an athlete or sports participant in competitive settings.

Utility

In economics, the satisfaction or benefit derived from the consumption of goods or services.

Ultimate Consumer

The final purchaser and user of a product or service, as opposed to an intermediary or a business buyer.