× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
hello123456 hello123456
wrote...
Posts: 92
Rep: 0 0
5 years ago
Suppose the exchange rate of the U.S. dollar was 1.00 euro = $0.50 on Thursday, and on Friday the exchange rate was $1.00 = 2.10 euros. Which of the following best explains what has happened between Thursday and Friday?
A) The U.S. dollar appreciated against the euro.
B) The euro appreciated against the U.S. dollar.
C) The U.S. dollar depreciated against the euro.
D) Both answers B and C are correct.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
Read 56 times
1 Reply

Related Topics

Replies
wrote...
#1
5 years ago
 A
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1330 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1212
  
 322
  
 1928
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?