If the Cost of Yen Per Dollar Changes from 100

question 54

Multiple Choice

if the cost of yen per dollar changes from 100 to 110 yen per dollar,

• A)the cost of a yen has increased in terms of dollars.
• B)the yen has appreciated against the dollar.
• C)the dollar has appreciated against the yen.
• D)the dollar has depreciated against the yen.

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