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★ѕραndavir ★ѕραndavir
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6 years ago
Suppose that a computer memory chip costs 600 yen in Japan and $3 in the United States and that the exchange rate was 250 yen/$. In this situation traders would ________ increasing the ________ and causing the dollar to ________.
A) buy chips in Japan; supply of $; weaken
B) buy chips in Japan; demand for yen; strengthen
C) buy chips in United States; demand for $; strengthen
D) buy chips in United States; demand for yen; weaken
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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6 years ago
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5 years ago
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