Suppose the Exchange Rate Between the United States and Japan

question 17

Multiple Choice

Suppose the exchange rate between the United States and Japan changed from $1 =150 yen to $1 = 140 Yen,which of the following statements is TRUE?

• A)the dollar depreciated
• B)the yen depreciated
• C)the price of yen in dollars decreased
• D)the price of dollars in yen increased

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Definitions:

Material's

Pertaining to the substance or substances from which something is or can be made, often highlighting properties or characteristics.

Flux Density

The number of magnetic lines contained in a certain area. The area measurement depends on the system of measurement.

Magnetic Strength

An indication of the magnetic intensity or the degree of magnetization of a material or magnetic field.

English System

A traditional system of measurement that includes units such as pounds, gallons, and miles, used primarily in the United States.