Starting in 2008 and Continuing into 2012,the Japanese Yen Kept

question 63

True/False

Starting in 2008 and continuing into 2012,the Japanese yen kept appreciating against the U.S.dollar,hurting Japanese exports to the U.S.

---

Definitions:

Moral Development

A process through which individuals evolve their understanding of what is right and wrong, often described through stages by psychologists.

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.

Utilitarian Theories

A set of ethical theories that posit that the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.

Cost-benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine options which provide the best approach to achieve benefits while preserving savings.