The value of Japan's income per capita in dollars will increase if ________.
A) the dollar per yen exchange rate increases
B) the dollar per yen exchange rate decreases
C) the U.S. income per capita increases
D) the value of Japan's income per capita in yen decreases

Question

Quizplus · Accepted Answer

If the dollar per yen exchange rate increases, then it takes fewer yen to equal one dollar. This means that Japan's income per capita in dollars will increase because each yen is worth more in dollars.

The Value of Japan's Income Per Capita in Dollars Will