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 94 times)

abc

  • Hero Member
  • *****
  • Posts: 543
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
Answer to Question 1

b

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

For a complete list of videos, visit our video library