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Tidy Tidy
wrote...
Posts: 4852
9 years ago
If the exchange rate changes from $1.45 = 1 euro to $1.37 = 1 euro, then
A) both the euro and dollar have appreciated.
B) both the euro and dollar have depreciated.
C) the euro has appreciated and the dollar has depreciated.
D) the euro has depreciated and the dollar has appreciated.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 837 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
wrote...
Top Poster
Posts: 3807
9 years ago
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