In 2002, one U.S. dollar could be exchanged for 133 Japanese yen, and in 2011, a U.S. dollar was worth 77 yen. Based on this information, which statement is definitely true?

Demand for the yen increased between 2002 and 2011 and demand for U.S. the dollar decreased.***

Japanese businesses made more money than American businesses in the years between 2002 and 2011.

Demand for the U.S. dollar increased between 2002 and 2011 and demand for the yen decreased.

More U.S. dollars were in circulation in 2002 than in 2011.

1 answer

I agree.