From 1980 to 2000,the Yen-Dollar Exchange Rate Fell from 240

question 79

Multiple Choice

From 1980 to 2000,the yen-dollar exchange rate fell from 240 yen/dollar to 102 yen/dollar,while the dollar-pound exchange rate fell from 2.22 dollars/pound to 1.62 dollars/pound.As a result

• A)the dollar appreciated relative to the yen, but depreciated relative to the pound.
• B)the dollar depreciated relative to the yen, but appreciated relative to the pound.
• C)the dollar appreciated relative to both the yen and the pound.
• D)the dollar depreciated relative to both the yen and the pound.

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Definitions:

Great Uprising

Refers to a significant and widespread strike or series of labor protests, such as the great railroad strike of 1877 in the United States, exemplifying workers' struggles for fair labor practices and conditions.

Capital Owners

Individuals or entities that own assets used in the production of goods and services, such as machinery, buildings, or money.

Cooperatives

Organizations or businesses owned and operated by their members, who share the benefits or profits.

Produced Goods

Items that have been manufactured or processed from raw materials, ready for sale and distribution in the marketplace.