The Japanese Demand Curve for Dollars Is Downward-Sloping Because A

question 26

Multiple Choice

The Japanese demand curve for dollars is downward-sloping because a:

• A) higher number of yen per dollar means Australian goods are cheaper in Japan.
• B) lower number of yen per dollar means Australian goods are cheaper in Japan.
• C) lower number of yen per dollar means Australian goods are more expensive in Japan.
• D) lower number of yen per dollar means Australian goods are less expensive in Australia.

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