History, 19.04.2021 20:50, dropnsocks8315
Can someone pls help i need the correct answer only
In 2002, one U. S. dollar could be exchanged for 133 Japanese yen, and in 2011, a U. S. dollar was worth 77 yen. This means that in 2011 people received a lower value in Japanese currency for their U. S. currency.
Based on this information, which statement is true?
- Demand for the yen increased between 2002 and 2011, and demand for U. S. the dollar decreased.
- Japanese businesses made more money than American businesses between 2002 and 2011.
- Demand for the U. S. dollar increased between 2002 and 2011, and demand for the yen decreased.
- More U. S. dollars were in circulation in 2002 than in 2011.
Answers: 3
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