If the exchange rate of U.S. dollars for yen is 100.yen to $1 (U.S.), then the exchange rate of yen for U.S. dollars is

A. .01 (1/100) dollars per yen.
B. -.1 (1-1.1) dollars per yen.
C. 99 (100-1) dollars per yen.
D. not knowable from this data.


Answer: A

Economics

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