CHAPTER 1

48. If a hotel room in downtown Tokyo costs 15,000 yen per night and the yen/dollar exchange rate is 150, what is the room’s dollar price? a. $100. b. $1,000. c. $225. d. $10. ANSWER: a 49. If a hotel room in New York City costs $200 a night, and the yen/dollar exchange rate is 100, what is the yen price of the hotel room? a. ¥20. b. ¥ ... ................
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