Quiz: Working Quiz #5 This Question: 1 pt 6 of 20 Suppose that the value of the

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Quiz: Working Quiz #5 This Question: 1 pt 6 of 20 Suppose that the value of the US S yesterday was $1-4 yen. Today the exchange rate changed such that $1-6 O A. The yen appreciated. O B. The yen decelerated. c. US $ appreciated. O D. US S depreciated. An appreciation of the US S should result in O A. a lower price level and a higher level of real GDP O B. a higher price level and a lower level of real GDP OC. alower price level but the impact on the level of real GDP depends on the magnitude of the shiftTin the aggregat e demand and short-run aggregate supply curves 0D, ahigher price level and a higher level of real GDP Click to select your answer Save for Later

Explanation / Answer

B. The yen decelarated, as its value has fallen down in comparison to dollars.

A. A lower price level and a higher real GDP.

As it would be cheaper to buy things as the value of dollar would improve.

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