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andreaerob andreaerob
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5 years ago
In July 2011, $1 was worth 45 Indian rupees and in July 2012, $1 was worth 55 Indian rupees. We can therefore conclude that
A) the Indian rupee depreciated.
B) the Indian rupee appreciated.
C) the U.S. dollar has depreciated.
D) the value of the U.S. dollar has fluctuated.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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minty_icyminty_icy
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5 years ago
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