Derrielle6733 Derrielle6733
  • 02-08-2022
  • Business
contestada

Under the gold standard, if the u. s. dollar was fixed at $30/oz of gold and japan was fixed at ¥75/oz of gold. What would be the yen/dollar exchange rate?

Respuesta :

malcolmsaxby1
malcolmsaxby1 malcolmsaxby1
  • 05-08-2022

Answer:

exchange rate would be $45 an ounce

Answer Link

Otras preguntas

What are two different ways to describe and label the layers of the Earth?
What is two thirds minus six thirds
Rewrite the function c(x) =9(x+3) using the distributive property
A passenger on a boat moving at 1.70 m/s on a still lake walks up a flight of stairs at a speed of 0.60 m/s , as shown in the figure . The stairs are angled at
Does the depth of a pan affect how water freezes?
If the speed of an object is tripled, its kinetic energy will be
A 1 digit number and a 3 digit number have a sum of 205.  The same two number have a difference of 195, a product of 1,000 and a quotient of 40.  What are the t
in what ways is climate controlled by the sun and the water cycle ?
How does transpiration play a  role in the water cycle ?
What two major processes are involved in the oxygen cycle?