Suppose US

question 20

Multiple Choice

Suppose U.S.-produced wheat costs $5 per bushel and the exchange rate is 100 yen = $1. If the exchange rate changes to 90 yen = $1, the

• A) wheat would now cost more dollars.
• B) wheat would now cost the Japanese citizen less yen.
• C) wheat would now cost less dollars.
• D) wheat would now cost the Japanese citizen more yen.
• E) yen has depreciated in value.

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Definitions:

Divorce Rate

The statistical measure of divorces per population within a specified timeframe, often expressed per 1,000 members of the population.

United States

A country in North America consisting of 50 states and a federal district, known for its large size and diverse population.

Lesbian

An individual of the female gender with feelings of attraction, whether emotional, romantic, or sexual, towards other females.

Bisexual Women

Women who are sexually attracted to both men and other women, not necessarily to the same extent or at the same time.