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If One Dollar Exchanges for 100 Japanese Yen, Then

Question 29

Multiple Choice

If one dollar exchanges for 100 Japanese yen, then


A) a yen is worth $1
B) $10 will exchange for one yen
C) a yen is worth $100
D) the United States gets 100 times the number of goods for its currency than does the yen
E) one yen is worth a penny

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