If a Japanese radio priced at 2,000 yen can be purchased for $10, the exchange rate is a. 200 yen per dollar. b. 20 yen per dollar. c. 20 dollars per yen. d. none of the above. The United States a....

If a Japanese radio priced at 2,000 yen can be purchased for $10, the exchange rate is a. 200 yen per dollar. b. 20 yen per dollar. c. 20 dollars per yen. d. none of the above.

The United States a. was on a fixed exchange rate system prior to late 1971, but now is on a flexible exchange rate system. b. has been on a fixed exchange rate system since 1945. c. has been on a flexible exchange rate system since 1945. d. was on a flexible exchange rate system prior to late 1983, but now is on a fi xed exchange rate system.