Is It Possible for a Currency to Appreciate Relative to One

question 53

Multiple Choice

Is it possible for a currency to appreciate relative to one currency, and depreciate relative to another?

• A)No, a currency rises or falls against all currencies.
• B)No, this could happen only under the gold standard.
• C)Yes, but only if all governments agree on the new rates.
• D)Yes, this is possible in a world of floating rates.

---

Definitions:

Helpful

Describes actions or behaviors that provide assistance or ease a problem for someone else.

Observational Learning

Education that happens from seeing how others behave and what results from those behaviors.

Aggressive

Exhibiting behavior that is assertive, forcefully competitive, or combative.

Sexually Violent Movies

Films that contain scenes of sexual violence which may impact viewers' attitudes and behavior.