S
SofB
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I am taking a macro econ class as one of my business core classes and have a test tomorrow. We have a 50 question study guide which I have completed with the exception of these questions. I'm going to post them all here, see if you can answer any of them. Thanks!!! 
1. if the US dollar appreciates relative to the Canadian dollar, US net exports (X-M) to canada will _______ and Canadian net exports (X-M) to the US will _______.
A) rise, fall
B) fall, rise
C) rise, rise
D) fall, fall
2. If the exchange rate between dollars ($) and Turkish Lira (TL) changes from $1-1.6 million TL to $1=1.3 million TL, then the dollar has __________ and US imports from Turkey become __________
A) appreciated, cheaper
B) depreciated, more expensive
C) depreciated, cheaper
D) depreciated, more expensive
3. Which of the following measures net exports for the year?
A) balance of budget
B) budget balance
C) balance on current accounts
D) balance of payments
4. An example of a fixed exchange rate system is:
A) a floating currency exchange rate system
B) the gold standard
C) a managed float exchange rate system
D) an exchange rate system where currencies are determined by the market
5. Currencies will generally appreciate in countries whose inflation rate are higher than the rest of the world.
A) true
B) false
1. if the US dollar appreciates relative to the Canadian dollar, US net exports (X-M) to canada will _______ and Canadian net exports (X-M) to the US will _______.
A) rise, fall
B) fall, rise
C) rise, rise
D) fall, fall
2. If the exchange rate between dollars ($) and Turkish Lira (TL) changes from $1-1.6 million TL to $1=1.3 million TL, then the dollar has __________ and US imports from Turkey become __________
A) appreciated, cheaper
B) depreciated, more expensive
C) depreciated, cheaper
D) depreciated, more expensive
3. Which of the following measures net exports for the year?
A) balance of budget
B) budget balance
C) balance on current accounts
D) balance of payments
4. An example of a fixed exchange rate system is:
A) a floating currency exchange rate system
B) the gold standard
C) a managed float exchange rate system
D) an exchange rate system where currencies are determined by the market
5. Currencies will generally appreciate in countries whose inflation rate are higher than the rest of the world.
A) true
B) false