Refer to the given information. Between 1985 and 2003, the:
Answer the question on the basis of the following information. In 1985, the exchange rate
between the U.S. dollar and the Japanese yen was $1 = 262 yen; in 2003, the rate was $1 =
110 yen.
A. dollar appreciated in value relative to the yen.
B. yen appreciated in value relative to the dollar.
C. dollar price of yen fell.
D. yen price of dollars rose.
B. yen appreciated in value relative to the dollar.
Economics
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What is the optimal level of provision of public goods?
What will be an ideal response?
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The equilibrium price and quantity of a good, once attained, will
a. change only if either supply or demand changes b. change only if both supply and demand change c. change only if supply changes d. change only if demand changes e. never change
Economics