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    Macroeconomics Study Set 7
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    Exam 6: An Introduction to the Foreign Exchapterange Market and the Balance of Payments
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    If the Dollar Price of the Yen Is 1
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If the Dollar Price of the Yen Is 1

Question 29

Question 29

True/False

If the dollar price of the yen is 1.39, the reciprocal exchange rate is 1 yen = $0.39.

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