If the US dollar price of the Japanese yen changes from $1 per 100 yen to $1.50 per 100 yen,the dollar is said to have _____________ and the yen has ______________.
A) appreciated,depreciated
B) depreciated,appreciated
C) appreciated,appreciated
D) depreciated,depreciated
Correct Answer:
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Q1: The act of purchasing currency in one
Q2: An exchange rate is defined as:
A)the interest
Q4: The Bank of International Settlements (BIS)in Switzerland
Q5: What is the principal function of the
Q6: A foreign currency is said to have
Q7: A foreign currency is said to have
Q8: Which of the following generates an increase
Q9: A depreciation of the dollar refers to
Q10: Which of these would not cause the
Q11: The exchange rate between any two currencies
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