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Assume that Japan and the United States are engaged in a system of flexible exchange rates. Supply yen Dollar Price of 100 Yen 0.80 Demandyen
Assume that Japan and the United States are engaged in a system of flexible exchange rates. Supply yen Dollar Price of 100 Yen 0.80 Demandyen D Quantity of Yen If more people in the United States decide to purchase Japanese cars, what effect will this have on the market for yen? O a) The price of yen will decrease O b) The price of yen will increase The supply of yen will increase O d) The supply of yen will decrease
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