If the exchange rate between the U.S. dollar and the Japanese yen is $1 = 250 yen, then the dollar price of yen is
A)$0.004.
B)$4.
C)$0.40.
D)$0.04.

Name: If the exchange rate between the U.S. dollar and the Japanese yen is $1 = 250 yen, then the dollar price of yen is A)$0.004. B)$4. C)$0.40. D)$0.04.
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Question

Quizplus · Accepted Answer

The dollar price of yen is calculated as 1 divided by the exchange rate, so $1 / 250 yen = $0.004.

If the Exchange Rate Between the U