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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 67
Circle the letter that corresponds to the best answer. If a Japanese DVD player priced at 12,000 yen can be purchased for $60, the exchange rate is __________.
A) 200 yen per dollar
B) 20 yen per dollar
C) 20 dollars per yen
D) 200 dollars per yen
E) none of the above
A) 200 yen per dollar
B) 20 yen per dollar
C) 20 dollars per yen
D) 200 dollars per yen
E) none of the above
Explanation
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Macroeconomics 11th Edition by Stephen Slavin
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