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Which of the following examples definitely illustrates an appreciation of the U.S. dollar?

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Which of the following examples definitely illustrates an appreciation of the U.S. dollar?

Which of the following examples definitely illustrates an appreciation of the U.S. dollar?
A) The dollar exchanges for 120 euros and then exchanges for 100 euros.
B) The dollar exchanges for 100 yen and then exchanges for 125 euros.
C) The dollar exchanges for 1 pound and then exchanges for 1.2 pounds.
D) none of the above

Textbook

Macroeconomics

Macroeconomics

Edition: 12^th

Author: Parkin

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