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A

Anonymous

Oct 24, 2024

If the dollar price of yen rises, then:?

If the dollar price of the yen rises, what does this imply?
a) The yen price of dollars also rises.
b) The dollar depreciates relative to the yen.
c) The yen depreciates relative to the dollar.
d) The dollar will buy fewer U.S. goods.

1 Answers

A
Anonymous

Feb 21, 2025

The answer is b) because since it takes more dollars to buy yen, each dollar becomes worth less thus depreciating.

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