A nominal appreciation of the Japanese yen (against all currencies) indicates that
A) the yen price of the U.S. dollar has increased.
B) the yen price of the U.K. pound has increased.
C) the number of units of foreign currency that one can obtain with one yen has increased.
D) all of the above
D
Economics
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What will be an ideal response?
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Diseconomies of scale cause the short-run marginal cost curve to slope upwards
a. True b. False Indicate whether the statement is true or false
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