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futurepharm futurepharm
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5 years ago
If one U.S. dollar could be exchanged for one Australian dollar in 1970, and one U.S. dollar can now be exchanged for 0.98 Australian dollars, which of the following is true?
A) The U.S. dollar gained value against the Australian dollar.
B) The Australian dollar lost value against the U.S. dollar.
C) The Australian dollar gained value against the U.S. dollar.
D) Both A aAnswer:  true.
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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CarinaspCarinasp
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5 years ago
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futurepharm Author
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5 years ago
Thanks
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Thank you, thank you, thank you!
loki1345
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2 hours ago
Correct Slight Smile TY
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