Assume the Foreign Exchange Rate for the Euro Was U

question 52

Multiple Choice

Assume the foreign exchange rate for the euro was U.S. $1.00 = .91 euro last month. This month, the exchange rate is U.S. $1.00 = .88 euro. This information indicates that over the past month the

• A) U.S. dollar remained unchanged relative to the euro.
• B) U.S. dollar appreciated relative to all foreign currencies.
• C) euro appreciated relative to the dollar.
• D) euro depreciated relative to the dollar.

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The act of sending sexually explicit photographs or messages via mobile phone.

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