« previous next »

Author Question: Given an exchange rate of 120 yen = 1, what is the U.S. dollar price of 1 yen? a. 0.025 b. 0.0083 ... (Read 74 times)

abc

  • Hero Member
  • *****
  • Posts: 543
on: Jun 30, 2018
Given an exchange rate of 120 yen = 1, what is the U.S. dollar price of 1 yen?
 a. 0.025
  b. 0.0083
  c. 120
  d. 0.0012
  e. 1

Question 2

The demand for foreign currency in the United States is based on the demand for:
 a. domestic goods and services.
  b. domestic exports.
  c. gold.
  d. foreign goods and services.
  e. U.S. dollars.


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Countercurrent heat exchange. Countercurrent heat exchange.
Gas exchange occurs at the alveolar capillary membrane. Gas exchange occurs at the alveolar capillary membrane.
Alan Price - Poor People Alan Price - Poor People
Outgroup role in relative rate test Outgroup role in relative rate test
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Muscular System Animation

For a complete list of videos, visit our video library