In 2015, One Dollar Was Exchanged for 1

question 118

Multiple Choice

In 2015, one dollar was exchanged for 1.3 euros. In 2017, one dollar was exchanged for 1.09 euros. We know that over period 2015-2017, the euro

• A)appreciated against the dollar.
• B)depreciated against the dollar.
• C)was at par with the dollar.
• D)and the dollar appreciated against all other currencies.
• E)and the dollar depreciated against all other currencies.

---

Definitions:

Christmas Gifts

Items given to others during the Christmas holiday season as a form of celebration, affection, or social obligation.

Publicly Announce

The act of making information or news known to the general public through various media channels.

Thanksgiving

A yearly public holiday in the US and Canada that honors the year's harvest and additional blessings.

Payoff Matrix

A table that displays the potential outcomes of different strategies in a game or decision-making situation, for two or more players.