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Tidy Tidy
wrote...
Posts: 4852
8 years ago
If the exchange rate changes from $2.00 = 1 euro to $1.98 = 1 euro then
A) the dollar has depreciated.
B) the dollar has appreciated.
C) the euro has appreciated.
D) the euro has stayed constant in value.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 797 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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8 years ago
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