If There Is a Strong Possibility That the Dollar Price

question 21

Multiple Choice

If there is a strong possibility that the dollar price of the Japanese yen will fall in the next few months,which of the following would we expect to happen right now in the market for yen?

• A) A rightward shift of the demand curve,a leftward shift of the supply curve,and an appreciation of the yen
• B) A leftward shift of the demand curve,a rightward shift of the supply curve,and an appreciation of the yen
• C) A leftward shift of the demand curve,a leftward shift of the supply curve,and a depreciation of the yen
• D) A rightward shift of the demand curve,a rightward shift of the supply curve,and an appreciation of the yen
• E) A leftward shift of the demand curve,a rightward shift of the supply curve,and a depreciation of the yen.

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Definitions:

Machismo

A concept of masculinity that stresses attributes such as dominance, assertiveness, pride, and sexual prowess.

Sexual Prowess

An individual's skill or expertise in matters of sexual activity and intimacy.

Assertiveness

The quality of being self-assured and confident without being aggressive.

Treaty of Guadalupe Hidalgo

The 1848 agreement that ended the Mexican-American War and resulted in the U.S. acquiring territories including present-day California, Arizona, New Mexico, and parts of Colorado, Nevada, Utah, and Wyoming.