If the Number of Dollars Per Yen Rises, This Is

question 130

Multiple Choice

If the number of dollars per yen rises, this is called a(n) :

• A) appreciation of the dollar.
• B) appreciation of the yen.
• C) increase in the terms of trade.
• D) decrease in the terms of trade.

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Definitions:

Planning Horizon

The future time period over which plans and strategies are developed and analyzed.

Direct Materials Budget

A financial plan that estimates the raw materials required for production and the expected costs.

Quantity Purchased

The total amount of a product that a consumer or company acquires.

Cost Purchased

The total price paid to acquire goods or services, including the purchase price and any additional charges necessary to obtain the asset.