The Following Table Shows the Number of U

question 30

Multiple Choice

The following table shows the number of U.S. dollars required to buy one euro between February 1, 2016, and September 1, 2016. Use this table to answer the following questions.
-Between April 1,2016,and June 1,2016,the U.S.dollar ________ against the euro,and the euro ________ against the U.S.dollar.

• A) depreciated; appreciated
• B) appreciated; depreciated
• C) neither appreciated nor depreciated; depreciated
• D) depreciated; neither appreciated nor depreciated
• E) appreciated; neither appreciated nor depreciated

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Definitions:

Principal

In finance, it refers to the original sum of money borrowed in a loan or invested, excluding any interest or dividends.

Liable

Subject to legal responsibility, often implying a requirement to compensate for damages or loss caused.

Torts

Civil wrongdoings recognized by law as grounds for a lawsuit, resulting in injury or harm that constitutes the basis for a claim by the injured party.

Business

The systematic endeavors and operations by people to create and market products and services with the aim of making a profit.