• 2022-06-05
    What does the author mean by “currencies don’t turn on a dime” (Para 6)?
    A: America’s economy also slides into stagnation.
    B: It’s difficult to exchange dollar into other currency.
    C: The dollar will keep declining over a long period.
    D: The dollar will not appreciate in a short period.
  • D

    内容

    • 0

      The currency of Canada is______________ A: American dollar B: Chinese yuan C: Canadian dollar D: The euro

    • 1

      Which one of the following statements is the MOST accurate? A: A rise in the interest rate offered by dollar deposits causes the dollar to appreciate. B: A rise in the interest rate offered by dollar deposits causes the dollar to depreciate. C: A rise in the interest rate offered by dollar deposits does not affect the U.S. dollar. D: For a given euro interest rate and constant forward exchange rate, a rise in the interest rate offered by dollar deposits causes the dollar to appreciate.

    • 2

      Questions 6 to 10 are based on the following news. A: U.S. is the strongest economy in the world. B: B. The productive capacity of U. S. economy. C: C. Change in U. S. dollar’s role as the world’s primary reserve currency. D: D. America’s massive indebtedness and a sharp boost in U. S. government spending.

    • 3

      Low real interest rates in the United States tend to: A: Decrease the demand for dollars, causing the dollar to depreciate B: Decrease the demand for dollars, causing the dollar to appreciate C: Increase the demand for dollars, causing the dollar to depreciate D: Increase the demand for dollars, causing the dollar to appreciate

    • 4

      If the exchange rate between the dollar and the Swiss franc changes from 1.8 to 1.5 francs per dollar, the franc depreciates and the dollar appreciates.