Question:

Macroeconomics HW Question (Exchange Rate): (10 pts!?)?

by  |  earlier

0 LIKES UnLike

Here's the problem:

If the exchange rate between the Japanese yen and the U.S. dollar expressed in terms of yen per dollar is ¥110=$1, what is the exchange rate when expressed in terms of dollars per yen?

I always give best answer!!!

 Tags:

   Report

1 ANSWERS


  1. divide 1 by 110 and you'll get your answer...which could be rounded off as 0.009 US  = 1 yen

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Unanswered Questions