42. True or False? A currency is said to have depreciated against the dollar if the...
42. True or False? A currency is said to have depreciated against the dollar if the dollar price of the currency has increased.
a) true
b) false
Homework Answers
Answer - False
Reason - if the dollar price of the currency has increased it means now paying the same currency value we will be able to get more of dollars than before. So it means the currency has appreciated against the dollar and not depreciated.
Add Answer to:
42. True or False? A currency is said to have depreciated
against the dollar if the...
1. Has the U.S. dollar appreciated or depreciated against the Canadian dollar between January 1, 2012...
1. Has the U.S. dollar appreciated or depreciated against the Canadian dollar between January 1, 2012 and June 1, 2017? 2. Has the U.S. dollar appreciated or depreciated against the Swiss franc between January 1, 2012, through June 1, 2017?
1. Has the U.S. dollar appreciated or depreciated against the Canadian dollar between January 1, 2012...
1. Has the U.S. dollar appreciated or depreciated against the Canadian dollar between January 1, 2012 and June 1, 2017? 2. Has the U.S. dollar appreciated or depreciated against the Swiss franc between January 1, 2012, through June 1, 2017?
If we know the exchange rate between Country A's currency and Country B's currency and we...
If we know the exchange rate between Country A's currency and Country B's currency and we know the exchange rate between Country B's currency and Country C's currency, then we can compute the exchange rate between Country A's currency and Country C's currency. a. Suppose the exchange rate between the Japanese yen and the Canadian dollar is currently ¥106 = $1 and the exchange rate between the British pound and the Canadian dollar is £0.66 = $1. b. Suppose the...
Calculate the forward discount of the euro against the dollar (the dollar is the home currency)...
Calculate the forward discount of the euro against the dollar (the dollar is the home currency) if the spot rate is $ 1.6257 divided by pound$1.6257/£ and the 66-month forward rate is $ 1.6045 divided by pound$1.6045/£. Note: Use a 360-day year. The forward premium on the dollar is nothing%
True/False/Explain. The annual interest rate on South Korean won currency deposits is 4%, the current won/dollar exchange...
True/False/Explain. The annual interest rate on South Korean won currency deposits is 4%, the current won/dollar exchange rate is W1100/$1 and the expected future won/dollar exchange rate is W1089/$1. For the foreign exchange market to be in equilibrium, the interest rate on U.S. dollar currency deposits must be 3%.
I. Suppose the pound/dollar exchange rate on Monday is 1.5 and on the following Friday is...
I. Suppose the pound/dollar exchange rate on Monday is 1.5 and on the following Friday is 1.6 a. Briefly discuss what has happened to the price of the domestic currency in terms of the foreign currency (Since we live in the U.S., our domestic currency is U.S. dollars). b. Has the value of the dollar increased or decreased during the week? What has happened to the purchasing power of the dollar in terms of the pound? Briefly explain. c. Has...
Review the currency pair charts for the Barbadian dollar againstthe Jamaican dollar, the Czech koruna...
Review the currency pair charts for the Barbadian dollar against
the Jamaican dollar, the Czech koruna against the Polish zloty, the
Nigerian naira against the Ghanaian cedi, and the Hong Kong dollar
against the Macanese pataca. Which pair is pegged?A) The Barbadian dollar against the Jamaican dollarB) The Nigerian naira against the Ghanaian cediC) The Hong Kong dollar against the Macanese patacaD) The Czech koruna against the Polish zloty
Suppose that the U.S. considers devaluing its dollar against a foreign currency to improve the trade...
Suppose that the U.S. considers devaluing its dollar against a foreign currency to improve the trade balance. What type of currency contracting would definitely worsen the U.S. trade balance? O The U.S. import contracts are written in foreign currency and the U.S. export contracts are written in dollars. O The U.S. import contracts are written in dollars and the U.S. export contracts are written in foreign currency. O Both of the U.S. import and export contracts are written in dollars....
If the exchange rate changes from 1.50 Canadian dollars per U.S. dollar to 1.67 Canadian dollars per U.S. dollar, we say that the Canadian dollar has appreciated against the U.S. dollar.
If the exchange rate changes from 1.50 Canadian dollars per U.S. dollar to 1.67 Canadian dollars per U.S. dollar, we say that the Canadian dollar has appreciated against the U.S. dollar. (a) True (b) False
If the exchange rate between the Japanese Yen and the US Dollar changes from 100 to...
If the exchange rate between the Japanese Yen and the US Dollar changes from 100 to 110 yen per dollar, _____. A. the yen has appreciated against the dollar B. the dollar has depreciated against the yen C. the dollar has appreciated against the yen D. the cost of a yen has increased in terms of dollars
If we know the exchange rate between Country A's currency and Country B's currency and we know the exchange rate between Country B's currency and Country C's currency, then we can compute the exchange rate between Country A's currency and Country C's currency. a. Suppose the exchange rate between the Japanese yen and the Canadian dollar is currently ¥106 = $1 and the exchange rate between the British pound and the Canadian dollar is £0.66 = $1. b. Suppose the...
I. Suppose the pound/dollar exchange rate on Monday is 1.5 and on the following Friday is 1.6 a. Briefly discuss what has happened to the price of the domestic currency in terms of the foreign currency (Since we live in the U.S., our domestic currency is U.S. dollars). b. Has the value of the dollar increased or decreased during the week? What has happened to the purchasing power of the dollar in terms of the pound? Briefly explain. c. Has...
Review the currency pair charts for the Barbadian dollar against
the Jamaican dollar, the Czech koruna against the Polish zloty, the
Nigerian naira against the Ghanaian cedi, and the Hong Kong dollar
against the Macanese pataca. Which pair is pegged?A) The Barbadian dollar against the Jamaican dollarB) The Nigerian naira against the Ghanaian cediC) The Hong Kong dollar against the Macanese patacaD) The Czech koruna against the Polish zloty
Suppose that the U.S. considers devaluing its dollar against a foreign currency to improve the trade balance. What type of currency contracting would definitely worsen the U.S. trade balance? O The U.S. import contracts are written in foreign currency and the U.S. export contracts are written in dollars. O The U.S. import contracts are written in dollars and the U.S. export contracts are written in foreign currency. O Both of the U.S. import and export contracts are written in dollars....
Most questions answered within 3 hours.
-
A 2.3 mm -diameter sphere is charged to -4.4 nC . An electron
fired directly at...
asked 1 minute ago -
A rifle with a mass of 78 kg fires a bullet with a mass of 36...
asked 17 minutes ago -
Question 10
Applied Materials depreciates buildings and improvements over
useful lives of 5-50 years.
a.
True....
asked 37 minutes ago -
A 10.0 mL sample of 0.25 M NaOH(aq) is titrated with 40.0 mL of
0.10 M...
asked 38 minutes ago -
How
can we prove that a flow is incompressible if the velocity field is
known?
asked 40 minutes ago -
It is sometimes argued that understanding people's existing
activities does not really help to design future...
asked 43 minutes ago -
what is the angular velocity of tje moon in its orbut ( orbit
period is 28)?
asked 44 minutes ago -
Time Off At Superior Software Service
As she hangs up the telephone, Joan Jackson realizes that...
asked 47 minutes ago -
Use the sample data and confidence level given below to complete
parts (a) through (d).
A...
asked 49 minutes ago -
1. Consider a risky portfolio. The end-of-year cash flow derived
from the portfolio will be either...
asked 51 minutes ago -
Find the critical value(s) for the specified Wilcoxon
signed-rank test.
Sample size = 10, two-tailed test,...
asked 1 hour ago -
why don't arctic animals feet freeze in winter biology
question
asked 1 hour ago