If the Exchange Rate Is Expressed as Euros/dollar, the Dollar

question 87

Multiple Choice

If the exchange rate is expressed as euros/dollar, the dollar is said to depreciate against the euro if the exchange rate

• A)falls.Other things the same, it will cost fewer euros to buy U.S.goods.
• B)falls.Other things the same, it will cost more euros to buy U.S.goods.
• C)rises.Other things the same, it will cost fewer euros to buy U.S.goods.
• D)rises.Other things the same, it will cost more euros to buy U.S.goods.

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Definitions:

Stonehenge

An ancient prehistoric monument located in Wiltshire, England, famous for its circular arrangement of massive stones, believed to be used for ceremonial or astronomical purposes.

Astronomical Observatory

A facility equipped with telescopes and other instruments to observe celestial events and bodies, often used for research and educational purposes.

Ritual Complex

A set of religious or ceremonial practices that are structured and performed in a specific sequence, serving to express beliefs or values within a community.

Paleolithic Cave

Prehistoric sites that served as shelters for early humans, often decorated with early forms of art such as paintings and engravings on the cave walls.