Top Posters
Since Sunday
j
3
s
3
j
2
J
2
e
2
n
2
t
2
d
2
b
2
t
2
J
2
b
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
stars_and_moon stars_and_moon
wrote...
Go to Answer
Posts: 3218
Rep: 11 0
8 years ago
You are considering buying a Japanese car.  The exchange rate last month was 150 yen per U.S. dollar and the exchange rate this month is 180 yen per U.S. dollar.  Which of the following is correct?
A) The car would have been cheaper last month.
B) The car is cheaper this month.
C) The price of U.S. cars would be expected to be higher this month than last month.
D) The price of the car does not depend on the exchange rate since you are buying the car in the U.S.
Read 113 times
3 Replies
Replies
Answer verified by a subject expert
kingbykingby
wrote...
#1
Top Poster
Posts: 3218
Rep: 26 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

wrote...
#2
8 years ago
I figured, great answer
wrote...
#3
8 years ago
I instantly knew the answer when I read the question, happy to help
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  739 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 487
  
 170
  
 358
Your Opinion
Who's your favorite biologist?
Votes: 608
Previous poll results: How often do you eat-out per week?