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Suppose the Real Exchange Rate of 105 Japanese Yen to the Dollar

Question 194

Multiple Choice

Suppose the real exchange rate of 105 Japanese yen to the dollar changes to 115 yen to the dollar.In this situation,the dollar has _________________,making Japanese goods __________ expensive for Americans.


A) appreciated; less
B) appreciated; more
C) depreciated; less
D) depreciated; more

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