Derrielle6733 Derrielle6733

02-08-2022
Business

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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?

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malcolmsaxby1 malcolmsaxby1

05-08-2022

Answer:

exchange rate would be $45 an ounce

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