If the exchange rate between the Japanese yen and the U.S. dollar expressed in terms of yen

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If the exchange rate between the Japanese yen and the U.S. dollar expressed in terms of yen per dollar is ¥115 = $1, what is the exchange rate when expressed in terms of dollars per yen?

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Essentials Of Economics

ISBN: 9780134797731

6th Edition

Authors: R. Glenn Hubbard, Anthony Patrick O brien

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