Assume That the U

question 72

Multiple Choice

Assume that the U.S. experiences a significant decline in income, while Japan's income remains steady. This event should place ____ pressure on the value of the Japanese yen, other things being equal. (Assume that interest rates and other factors are not affected.)

• A) upward
• B) downward
• C) no
• D) upward and downward (offsetting)

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