If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan ?

Related Mcqs:

Government policies that focus on changing taxes and government spending are called ?

A. fiscal policies B. incomes policies C. supply-side policies D. monetary policies...

Which fixed exchange rates and no private capital flows, to correct a balance of payments deficit, the central bank will _______ and ________ ?

A. buy foreign exchange, sell domestic currency B. sell foreign exchange buy domestic currency C. buy foreign exchange buy domestic currency D. sell foreign exchange sell domestic currency...

Cyclical unemployment is the ?

A. Portion of unemployment that is due to the normal working of the labour market B. Portion of unemployment that is due to changes in the structure of the economy that results in a significant loss of jobs in certain industries. C. Unemployment that results when people become discouraged about their chances of finding a … Cyclical unemployment is the ?Read More...

Aggregate supply is the total amount ?

A. of products produced by a given industry. B. produced by the government C. of labour supplied by all households D. of goods and services produced in an economy....

If the economy is in the recessionary phase of the business cycle, aggregate demand ___ unemployment ____ inflation ___ and the current account of the balance of payments is likely to move towards ____?

A. falls; falls; falls; surplus B. is static; low; rises; deficit C. falls; rises; falls; surplus D. rises; falls; rises; deficit...