When the Value of the Dollar Changes from £0

question 71

Multiple Choice

When the value of the dollar changes from £0.5 to £0.75, then the British pound has ________ and the Canadian dollar has ________.

• A) appreciated; appreciated
• B) depreciated; appreciated
• C) appreciated; depreciated
• D) depreciated; depreciated

---

Definitions:

Behavioral Intentions

An individual's stated plans or readiness to perform a particular behavior, often a predictor of actual behavior under certain conditions.

Past Experience

Refers to the knowledge or skills gained from previous involvement or exposure to events, situations, or activities.

Feelings

Emotional experiences that are part of an individual's personal reactions to situations, events, or interactions.

Cognitive Dissonance

A psychological phenomenon where an individual experiences mental discomfort due to holding conflicting beliefs, attitudes, or values simultaneously.