Based on PPP and the quantity theory of money, everything else remaining unchanged, if Japan’s real

8 查阅

Based on PPP and the quantity theory of money, everything else remaining unchanged, if Japan’s real income rises relative to real income in the U.S., there would be a(n):

A.appreciation of the dollar.

B.appreciation of the yen.

C.interest rate parity.

D.decrease in the demand for yen in the foreign exchange market.

参考答案:

答案:appreciation of the yen.