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    Exam 12: Open-Economy Macroeconomics: Basic Concepts
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    If the Exchange Rate Is 75 Yen = $1, What
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If the Exchange Rate Is 75 Yen = $1, What

Question 216

Question 216

Multiple Choice

If the exchange rate is 75 yen = $1, what is the cost of a bottle of rice wine that costs 8250 yen?


A) $75.00
B) $110.00
C) $618.75
D) $6187.50

Correct Answer:

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