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    Macroeconomics Study Set 68
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    Exam 21: The Balance of Payments, Exchange Rates, and Trade Deficits
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    If the Exchange Rate Between the U
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If the Exchange Rate Between the U

Question 269

Question 269

Multiple Choice

If the exchange rate between the U.S. dollar and the Japanese yen is $1 = 200 yen, then the dollar price of yen is


A) $0.005.
B) $0.05.
C) $0.50.
D) $5.

Correct Answer:

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