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Assume the US dollar and the Japanese yen are both on the gold standard. The...

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Finance

Assume the US dollar and the Japanese yen are both on the gold standard. The price of gold is set at $25 per oz. and 6,000 per oz. What will be the exchange rate between the yen and the dollar?

A.) 200 per dollar

B.) 240 per dollar

C.) 250 per dollar

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