What was the percentage of the yen in terms of the us dollar


Problem

In March 1991, the U.S. dollar was worth 137 yen. In October 2000, the rate was 108 yen.

A. What is X0 (1991)? What is X1 (2000)?

B. What is E0 (1991)? What is E1 (2000)?

C. What was the percentage devaluation or revaluation of the yen in terms of the U.S. dollar?

D. What was the percentage devaluation or revaluation of the dollar in terms of the yen?

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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Microeconomics: What was the percentage of the yen in terms of the us dollar
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