Suppose the Exchange Rate Between the United States and Japan

question 271

Multiple Choice

Suppose the exchange rate between the United States and Japan changed from $1 =150 yen to $1 = 140 Yen, which of the following statements is true?

• A) the dollar depreciated
• B) the yen depreciated
• C) the price of yen in dollars decreased
• D) the price of dollars in yen increased

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Definitions:

Equity Investments

Investments in the equity of other companies, representing ownership interests that offer potential dividends and capital gains.

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A specially designed entity created to fulfill specific business needs or purposes, often used in financial engineering or for investment purposes.

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