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 $100.
D
The yen has depreciated.
Answers: 2
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The table below gives the number of Japanese yen needed to buy a United States dollar ($) and the nu...
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