The US Supply Curve of Dollars Is Upward-Sloping Because A

question 196

Multiple Choice

The U.S. supply curve of dollars is upward-sloping because a:

• A) higher number of yen per dollar means Japanese goods are cheaper in Japan.
• B) higher number of yen per dollar means Japanese goods are cheaper in the U.S.
• C) lower number of yen per dollar means Japanese goods are cheaper in the U.S.
• D) none of the above.

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Definitions:

Economic Value Added

A measure of a company's financial performance based on the residual wealth calculated by deducting cost of capital from its operating profit.

Opportunity Cost Of Capital

The potential return that is forfeited when one investment is chosen over another.

Return On Assets

A measure of a corporation's profitability, indicating how efficient it is in using its assets to produce profit.

Capital Base

The amount of capital that a company or financial institution has available for conducting its operations, typically consisting of equity and debt.