An Appreciation of a Country's Currency Means

question 34

Multiple Choice

An appreciation of a country's currency means

• A)it takes more units of another country's currency to buy one unit of this currency.
• B)it takes fewer units of another country's currency to buy one unit of this currency.
• C)it takes more units of this currency to buy one unit of the good that country produces.
• D)it takes fewer units of this currency to buy one unit of the good that country produces.
• E)how much its domestic consumers enjoy the goods it produces.

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Definitions:

Real Roots

Real roots are the values of the variable that satisfy an equation, where the solutions are real numbers.

Calculator

An electronic or mechanical device used to perform mathematical operations.

Irrational

A term describing a number that cannot be expressed as a ratio of two integers; its decimal representation does not terminate or repeat.

Rational

A rational number is any number that can be expressed as the quotient or fraction of two integers.