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Assume That Japan and the United States Are Engaged in a System

Question 241

Multiple Choice

Assume that Japan and the United States are engaged in a system of flexible exchange rates. Refer to the graph. An increase in the demand for yen will result in A) a depreciation of the Japanese yen. B) an appreciation of the U.S. dollar. C) a depreciation of the U.S. dollar. D) a decrease in the dollar price of yen. Assume that Japan and the United States are engaged in a system of flexible exchange rates. Refer to the graph. An increase in the demand for yen will result in


A) a depreciation of the Japanese yen.
B) an appreciation of the U.S. dollar.
C) a depreciation of the U.S. dollar.
D) a decrease in the dollar price of yen.

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