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Suppose a U

Question 107

Question 107

Multiple Choice

Suppose a U.S.-made machine costs $500 and the exchange rate is 100 yen = $1. A Japanese citizen purchasing this machine would pay:


A) 100 yen.
B) 500 yen.
C) 5,000 yen.
D) 10,000 yen.
E) 50,000 yen.

Correct Answer:

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