The amount of funds the borrower receives from the lender with a simple loan is called the

Explain and demonstrate graphically the situation of an overvalued exchange rate in a fixed exchange rate system. What alternative policies are available to eliminate the overvaluation of the exchange rate?

What will be an ideal response?

If the exchange rate between yen and dollars were 120 yen per dollar, when a Japanese tourist buys a good valued at $600, its cost in yen would be: a. 5 yen

b. 600 yen. c. 72,000 yen. d. 120 yen.