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The inflation rate in Japan is 39 and the inflation rate in the US is 596. If the Japanese yen appreciated by 3% against the

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The inflation rate in Japan is 39 and the inflation rate in the US is 596. If the Japanese yen appreciated by 3% against the dollar in nominal terms did the yen appreciate or depreciate against the dollar in real terms? O Appreciated O Depreciated Neither appreciated not depreciated The data is not sufficient to support any of the above three statements

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