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If on Monday $1 = 146 Japanese Yen and on Friday

question 176

True/False

If on Monday $1 = 146 Japanese yen and on Friday $1 = 147 yen, the dollar appreciated and the yen depreciated.


Definitions:

Exchange Rate

The value of one currency for the purpose of conversion to another, dictating how much one currency is worth in terms of the other.

Random Variable

A quantity whose value is subject to variations due to chance, used in statistical calculations and probability theory.

Motorbike

A two-wheeled motor vehicle that is smaller and lighter than a car, often used for commuting and recreational driving.

Trip to India

A journey or visit to the South Asian country known for its diverse culture, history, and landscapes.

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