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    Macroeconomics Study Set 43
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    Exam 18: B: The Balance of Payments and Exchange Rates
  5. Question
    The Following Are Hypothetical Exchange Rates: $1 = 140 Yen;
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The Following Are Hypothetical Exchange Rates: $1 = 140 Yen;

Question 109

Question 109

Multiple Choice

The following are hypothetical exchange rates: $1 = 140 yen; 1 Swiss franc = $.10.We conclude that:


A) 1 yen = 280 Swiss francs.
B) 1 yen = 14 Swiss francs.
C) 1 Swiss franc = 28 yen.
D) 1 Swiss franc = 14 yen.

Correct Answer:

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