When the exchange rate between the U.S.dollar and the Japanese yen is $1 = 100 yen,this is an indication that

Name: When the exchange rate between the U.S.dollar and the Japanese yen is $1 = 100 yen,this is an indication that
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Question

Quizplus · Accepted Answer

The exchange rate of $1 = 100 yen means that it would take 100 yen to purchase $1, so option A is the correct choice. It does not indicate that the yen is stronger than the U.S. dollar or that the dollar is depreciating compared to the yen.

When the Exchange Rate Between the U