Lumen OHM Assessment

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Question 1

Other things the same, if the exchange rate changes from 5.1 Franc per dollar to 3.9 Franc per dollar, the dollar has

depreciated and buys more foreign goods.
appreciated and buys more foreign goods.
depreciated and buys fewer foreign goods.
appreciated and buys fewer foreign goods.

Other things the same, if the exchange rate changes from 5.4 Krone per dollar to 4 Krone per dollar, the dollar

appreciates so US goods become more expensive relative to foreign goods.
depreciates so US goods become less expensive relative to foreign goods.
appreciates so US goods become less expensive relative to foreign goods.
depreciates so US goods become more expensive relative to foreign goods.

Other things the same, if the exchange rate changes from 2.4 Dinar per dollar to 7.2 Dinar per dollar, the dollar

appreciates so US goods become more expensive relative to foreign goods.
appreciates so US goods become less expensive relative to foreign goods.
depreciates so U.S. goods become less expensive relative to foreign goods.
depreciates so US goods become more expensive relative to foreign goods.

A depreciation of the U.S. exchange rate induces U.S. consumers to buy

fewer domestic goods and fewer foreign goods.
more domestic goods and fewer foreign goods.
more domestic goods and more foreign goods.
fewer domestic goods and more foreign goods.

An appreciation of the U.S. exchange rate induces U.S. consumers to buy

fewer domestic goods and fewer foreign goods.
more domestic goods and more foreign goods.
fewer domestic goods and more foreign goods.
more domestic goods and fewer foreign goods.

Other things the same, if the exchange rate changes from 1.9 Krone per dollar to 5.4 Krone per dollar, then the dollar

depreciates which causes US net exports to increase.
depreciates which causes US net exports to decrease.
appreciates, which causes US net exports to decrease.
appreciates which causes US net exports to increase.

Other things the same, if the exchange rate changes from 7.5 Renminbi per dollar to 2.6 Renminbi per dollar, then the dollar

depreciates which causes US net exports to increase.
depreciates which causes US net exports to decrease.
appreciates, which causes US net exports to decrease.
appreciates which causes U.S. net exports to increase.

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Inequalities
Functions
Trig

x

√

ⁿ√

| |

( )

∞

DNE

x

√

( )

∞

DNE

( )

( ]

[ )

[ ]

—∞

∞

∪

DNE

≤

≥

All Real Numbers

DNE

log

log_n

ⁿ√

| |

e

sin

cos

tan

arcsin

arccos

arctan

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