ECONTuteNotes126.pdf - 402 Award 1.00 point In the...

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402. Award: 1.00 point 403. Award: 1.00 point In the dollar-yen foreign exchange market, if Japanese companies sharply increase their importation of U.S. products, then the supply of yen will decrease and the yen will appreciate. supply of yen will increase and the yen will depreciate. demand for yen will increase and the yen will appreciate. demand yen will decrease and the yen will depreciate. References Multiple Choice Difficulty: 02 Medium Learning Objective: 03-05 Explain how changes in supply and demand affect equilibrium prices and quantities. In the dollar-euro foreign exchange market, if many financial investors become worried about the stability of the euro and thus invest in U.S. financial assets instead of in European assets, then the supply of euros will decrease and the euro will appreciate. supply of euros will increase and the euro will depreciate. demand for euros will increase and the euro will appreciate.
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