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    Exam 14: Macroeconomics in an Open Economy
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    If the Exchange Rate Between the Dollar and the Yen
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If the Exchange Rate Between the Dollar and the Yen

Question 118

Question 118

True/False

If the exchange rate between the dollar and the yen is ¥80 = $1 this week, and is ¥87 = $1 next week, we say that the dollar appreciated.

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