Using demand and supply curves for the Japanese yen based on the $/¥ price for yen,an increase in US INFLATION RATES would
A) Decrease the demand for yen and decrease the supply of the yen.
B) Increase the demand for yen and decrease the supply of the yen.
C) Increase the demand and increase the supply of yen.
D) Decrease both the supply and the demand of yen.
E) Have no impact on the demand or supply of the yen.
Correct Answer:
Verified
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