If the economy self-corrects from a recessionary gap, in the AD/AS graph the equilibrium would move down,
right up, left up,
right Odown, left Question 6 1 pts Japan is a top-10 trading partner of the U.S., both in terms of exports and imports. Assume that as of this moment in time 1 US dollar (USD) = 115.37 Japanese yen (JPY), and that six months from now the exchange rate is 1 USD = 117.66 JPY. Which of the following statements is correct?
O The dollar will have depreciated, and U.S. net exports will decrease.
O The dollar will have appreciated, and U.S. net exports will increase. O The dollar will have depreciated, and U.S. net exports will increase. OThe dollar will have appreciated, and U.S. net exports will decrease.
