If the exchange rate between the U.S. dollar and the Japanese yen is $1 = 200 yen, then the dollar price of yen is
A) $0.005.
B) $0.05.
C) $0.50.
D) $5.

Name: If the exchange rate between the U.S. dollar and the Japanese yen is $1 = 200 yen, then the dollar price of yen is A) $0.005. B) $0.05. C) $0.50. D) $5.
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Question

Quizplus · Accepted Answer

The dollar price of yen is calculated as 1 divided by the exchange rate, so $1 / 200 yen = $0.005.

If the Exchange Rate Between the U