Close Icon
Info
Warning
Danger
 / 
 / 
 / 
11. An exchange rate depreciation acts to reduce inflation. a. True b. False 12. Appreciation of the

Question : 11. An exchange rate depreciation acts to reduce inflation. a. True b. False 12. Appreciation of the : 1440825

 

11. An exchange rate depreciation acts to reduce inflation.

a. True

b. False

12. Appreciation of the dollar will make imported goods more expensive and shift the aggregate demand curve outward.

a. True

b. False

13. A currency depreciation will put upward pressure on the price level.

a. True

b. False

14. Appreciation of the Japanese yen will lead to a significant balance of trade surplus.

a. True

b. False

15. A Japanese recession will be counteracted by an appreciation of the Japanese yen.

a. True

b. False

16. A depreciation of the U.S. dollar has the same effect on aggregate supply as an increase in foreign prices.

a. True

b. False

17. The appreciation of the dollar in the late 1990s shifted the U.S. aggregate supply curve outward.

a. True

b. False

18. A depreciating currency makes foreign inputs cheaper and shifts the aggregate supply curve outward.

a. True

b. False

19. A depreciation of the dollar will cause an increase in the Consumer Price Index.

a. True

b. False

20. In an open economy, aggregate supply consists of domestic production plus imports.

a. True

b. False

 

 

Solution
5 (1 Ratings )

Solved
Economics 8 Months Ago 24 Views
This Question has Been Answered!

Unlimited Access

Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!

Ask an Expert

Our Experts can answer your tough homework and study questions
118721 Economics Questions Answered!
Post a Question