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    Exam 14: Exchange Rates and Their Determination: A Basic Model
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    If US Prices Increase with No Change in Japanese Prices, the the Demand
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If US Prices Increase with No Change in Japanese Prices, the the Demand

Question 72

Question 72

Multiple Choice

If U.S. prices increase with no change in Japanese prices, the demand for yen would:


A) increase.
B) decrease.
C) remain the same.
D) decrease at an increasing rate.
E) decrease at a decreasing rate.

Correct Answer:

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