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If the dollar price of yen rises, then:?

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

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

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