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Author Question: If the exchange rate between yen and dollars were 120 yen per dollar, when a Japanese tourist buys a ... (Read 137 times)

FButt

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  • Posts: 519
on: Jun 30, 2018
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.

Question 2

Cyclical unemployment rises and falls with fluctuations in the macroeconomy.
 a. True
  b. False
  Indicate whether the statement is true or false


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Missbam101

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


FButt

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  • Posts: 519
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

TheDev123

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Reply 3 on: Yesterday
Excellent

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