If the Dollar Price of Yen Rises, Then

question 151

Multiple Choice

If the dollar price of yen rises, then

• A) the yen price of dollars also rises.
• B) the dollar depreciates relative to the yen.
• C) the yen depreciates relative to the dollar.
• D) the dollar will buy fewer U.S. goods.

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Definitions:

Disaffirm

The legal act of renouncing or voiding a contract or agreement, especially used in relation to contracts made by minors.

Service Agreement

A formal contract between a service provider and a client that defines the services to be provided, the terms, and the obligations of both parties.

Used Car

A pre-owned vehicle that has had one or more retail owners before the current buyer.

Disaffirm Contracts

A legal term referring to a party's right to renounce a contract, typically used in the context where one party is not legally bound due to age or mental status.