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    Principles of Economics Study Set 3
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    Exam 31: Open-Economy Macroeconomics: Basic Concepts
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    If the Exchange Rate Is 125 Yen = $1,a Bottle
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If the Exchange Rate Is 125 Yen = $1,a Bottle

Question 176

Question 176

Multiple Choice

If the exchange rate is 125 yen = $1,a bottle of rice wine that costs 2,500 yen costs


A) $20.
B) $25.
C) $22.
D) None of the above is correct.

Correct Answer:

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