AP Macro Unit 5 Summary
AP Macro Unit 5 Summary
AP Macro Unit 5 Summary
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PracticeFor each of the following examples, identify what willhappen to the value of US Dollars and Japanese Yen.1. USD depreciates and Yen appreciates2. USD depreciates and Yen appreciates3. USD appreciates and Yen depreciates4. USD depreciates and Yen appreciates5. USD depreciates (Demand Falls) and Yenappreciates (Supply Falls)6. USD appreciates (Supply Falls) and Yendepreciates (Demand Falls)7. USD appreciates and Yen depreciatesScenarios 1, 2, and 4 will increase US exports becauseUS products are now relatively “cheaper”