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If the Dollar Depreciates Relative to the Yen, Which of the Following

Question 103

Multiple Choice

If the dollar depreciates relative to the yen, which of the following is true?


A) the dollar's purchasing power in terms of yen has increased
B) the dollar's purchasing power in terms of yen has decreased
C) a dollar previously worth 100 yen, would now be worth more than 100 yen
D) Both b and c are correct.

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