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The Nominal Exchange Rate Between the U

Question 137

Multiple Choice

The nominal exchange rate between the U.S. dollar and the Japanese yen is the:


A) number of yen you can get for lending one dollar in Japan for one year.
B) number of yen you can get for one dollar.
C) price of U.S. goods divided by the price of Japanese goods.
D) price of Japanese goods divided by the price of U.S. goods.

Correct Answer:

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