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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
When the nominal exchange rate in terms of dollars per yen rises,
A) the dollar buys more yen and the dollar has appreciated.
B) the dollar buys more yen and the dollar has depreciated.
C) the dollar buys fewer yen and the dollar has appreciated.
D) the dollar buys fewer yen and the dollar has depreciated.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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butterfly127butterfly127
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8 years ago
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johnpaul92 Author
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8 years ago
This answers my question, thank you so much
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