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Mellissav92 Mellissav92
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Posts: 118
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5 years ago
Suppose the peso-dollar foreign exchange rate changes from 50 pesos per dollar to 30 pesos per dollar. Then the peso has ________ against the dollar and the dollar has ________ against the peso.
A) appreciated; depreciated
B) appreciated; appreciated
C) depreciated; appreciated
D) depreciated; depreciated
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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rene_ram97rene_ram97
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Posts: 129
5 years ago
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this is exactly what I needed
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