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If the Japanese Yen Was 123 Per Dollar and Now

Question 27

Multiple Choice

If the Japanese yen was 123 per dollar and now is 114 yen per dollar, it can be said that


A) the dollar has appreciated against the yen.
B) the yen appreciated against the dollar.
C) the yen has depreciated against the dollar.
D) None of the above answers is correct.

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