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Since the Mid-1980s, the Dollar's Value Has Fallen from Over

Question 34

Multiple Choice

Since the mid-1980s, the dollar's value has fallen from over 300 yen per dollar to about 136 yen per dollar. This trend might be explained by:


A) higher economic growth in Japan.
B) lower interest rates in Japan.
C) lower inflation in Japan.
D) Japanese purchases of U.S. dollars.

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