By how much expressed as a percentage change


Problem

On Wednesday, the exchange rate between the Japanese yen and the U.S. dollar was $0.010 per yen. On Thursday, it was $0.009. Did the dollar appreciate or depreciate against the yen? By how much, expressed as a percentage change?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: By how much expressed as a percentage change
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