=+5. Suppose that the Japanese yen rises against the U.S. dollarthat is, it will take more dollars

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=+5. Suppose that the Japanese yen rises against the U.S.

dollar—that is, it will take more dollars to buy a given amount of Japanese yen.

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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