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Advanced Placement (AP), 26.03.2020 20:46 Jxsolvez

The table below gives the number of Japanese yen needed to buy a United States dollar ($) and the number of Japanese yen needed to buy a euro (€).

Yen per Dollar ¥100
Yen per Euro ¥50
Given the currency values, which of the following must be true?

Goods are cheaper in Eurocurrency nations than in the United States.
A

It takes more dollars than euros to buy the yen.
B

One euro is worth $0.50.
C

One yen is worth $100.
D

The yen has depreciated.

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