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Answer to Question #276743 in Macroeconomics for Anna

Question #276743

Japanese currency went from 98 yen per U.S. dollar to 95 yen per U.S. dollar. This means the Japanese yen has ______ and the U.S. dollar has ________.


A. appreciated; appreciated

B. appreciated; depreciated

C. depreciated; appreciated

D. depreciated; depreciated



1
Expert's answer
2021-12-08T19:20:14-0500

B. appreciated; depreciated


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