12th Grade Exchange Rates Quizzes, Questions & Answers

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U S Macroeconomics Trivia Questions

U S Macroeconomics Trivia Questions

Explore U.S. macroeconomic policies and their global impact through questions on currency exchange, trade balances, and historical economic events.

Questions: 21 | Attempts: 224 | Last updated: Mar 20, 2025

Sample Question 1
Faced with growing problems in Asia, the US government spent several billion dollar buying Japanece yen. This action was intended to:

Increase the supply of Japanese yen in Asia

Increase the supply of Japanese yen in the US

Weaken the Japanese yen and strenghten the US dollar

Strengthen the Japanese yen and make the Japanese exports less expensive

Strengthen the Japanese yen and make Japanese exports more expensive

Sample Question 2
Under the Bretton Woods system,

Foreign currencies could be converted into US dollars, which could be redemmed for gold at a rate determined by supply and demand

Foreign currency currencies could be converted into US dollars, which could be redemmed for gold at a rate of 35 dollars per ounce

Foreign currencies could be converted into gold at a rate determined by supply and demand

Foreign currencies could be converted into gold at a rate of $35 per ounce

Gold was the international medium of exchange

Sample Question 3
If the U.S. dollar appreciates in the foreign exchange market,

American goods will become more expensive for foreign buyers and foreign goold will be cheaper for Americans

American goods will become less expensive for foreign buyers and foreign goods will be more expensive for Americans

American goods will become more expersive and foreign goods will be more expensive for Americans

American goods will become cheaper for foreign buyers and foreign goods will be cheaper for Americans

Neither the price of U.S. exports nor the price oof U.S. imports will change