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If the Demand for the Yen Increases Relative to the Canadian

Question 191

Multiple Choice

If the demand for the yen increases relative to the Canadian dollar, which of the following would occur?


A) The Canadian dollar will appreciate.
B) The yen will depreciate.
C) The Canadian dollar will depreciate.
D) The demand for the Canadian dollar will increase.
E) The quantity of yen will decrease.

Correct Answer:

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