• 2022-06-19
    The exchange rate between dollar and pound change from $2/£1 to
    $1/£1 implies( )
    A: an appreciation of the dollar
    B: a
    depreciation of the dollar
    C: a
    devaluation of the dollar
    D: an exchange rate overshooting
  • A

    内容

    • 0

      If the U.S. dollar and British pound have a flexible exchange rate, and the U.S. dollar changes so that one needs more dollars to buy one pound, the currency has A: depreciated. B: appreciated. C: devalued. D: revalued.

    • 1

      If the rate of inflation in the United States is 4% and the rate of<br/>inflation in the United Kingdom is 3%, relative purchasing power<br/>would predict that( ) A: the pound will appreciate relative to the dollar. B: the pound will depreciate relative to the dollar. C: both the dollar and the pound will depreciate due to inflation. D: both the dollar and the pound will appreciate due to inflation.

    • 2

      If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, then an investor should be indifferent between dollars and euros if the expected dollar depreciation against the euro is 4 percent.

    • 3

      Suppose<br/>the exchange rate between the Japanese yen and the US dollar is 100<br/>yen per dollar. A Japanese stereo with a price of 60,000 yen will<br/>cost: () A: $1,667 B: $600 C: $6,000 D: $100

    • 4

      What is the exchange rate between RMB and USD in Mr. Brown’s memo? It’s one US dollar to _____________ yuan.