If the Equilibrium Exchange Rate Between U

question 46

Multiple Choice

If the equilibrium exchange rate between U.S.dollars and Japanese yen is $0.007 = 1 yen,but currently the exchange rate is $0.009 = 1 yen,then with flexible exchange rates the dollar price of a yen will __________,and the yen will __________.

• A) increase; appreciate
• B) decrease; appreciate
• C) increase; depreciate
• D) decrease; depreciate

Understand the regulatory and organizational structure of unions, including the role of union stewards, national unions, and international union federations.

Identify strategies employed by companies and unions in the context of union avoidance and collective bargaining.

Understand the role and operations of national and local unions, including their responsibilities in organizing, training, lobbying, and collective bargaining.

Comprehend the historical changes and challenges within union organizations, such as the split in the AFL-CIO and the formation of Change to Win.