An exchange rate of ¥117.87/$ indicates ________

A) that 117.87 yen buys one dollar
B) that 117.87 dollars buys one yen
C) a direct quote on the dollar
D) an indirect quote on the yen

A

Business

You might also like to view...

Unlike optimization models, simulation provides:

A) recommendations. B) operating characteristics. C) suggestions. D) solutions .

View
Business

A cycle is an up-or-down movement in demand that repeats itself in less than 1 year

Indicate whether this statement is true or false.

View
Business