When the Nominal Exchange Rate in Terms of Dollars Per

question 57

Multiple Choice

When the nominal exchange rate in terms of dollars per yen rises

• A)the dollar buys more yen and the dollar has depreciated.
• B)the dollar buys fewer yen and the dollar has depreciated.
• C)the dollar buys more yen and the dollar has appreciated.
• D)the dollar buys fewer yen and the dollar has appreciated.

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Passive Sentence

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