You Observe a Quotation of the Japanese Yen (¥) of $0.007

question 15

Multiple Choice

You observe a quotation of the Japanese yen (¥) of $0.007. You are, however, interested in the number of yen per dollar. Thus, you calculate the ____ quotation of ____ ¥/$.​

• A) ​direct; 142.86
• B) ​indirect; 142.86
• C) ​indirect; 150
• D) ​direct; 150
• E) ​indirect; 0

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Definitions:

Levinson

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Metaphorical terms that describe the distinct phases of human life, often associated with personal growth and change.

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