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The Recession of 2007-2009 Decreased the Demand for Imports in Japan,which

question 260

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The recession of 2007-2009 decreased the demand for imports in Japan,which caused the ________ curve for the yen to ________,increasing the exchange rate and the value of the yen.


Definitions:

Market Price

The current price at which an asset or service can be bought or sold on the open market.

Retained Earnings

The cumulative amount of net income kept within a company after dividends are paid, reinvested in the business or used to pay off debt.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operating costs, from its total revenues, indicating the company’s profit.

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