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1.The Bank of Japan purchases Japanese yen in the foreign exchange market. a.In the graphs, show the shift in the supply and/or demand curves in
1.The Bank of Japan purchases Japanese yen in the foreign exchange market.
a.In the graphs, show the shift in the supply and/or demand curves in Japan's Credit Market and in the Exchange Market for the yen. Use inserted arrows to show the shift in the curves and changes to the X and Y-axis variables.
a.Does the yen appreciate or depreciate?
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