If the Exchange Rate Changes from 0

question 53

Multiple Choice

If the exchange rate changes from 0.70 euros per dollar to 0.80 euros per dollar, the euro has

• A) appreciated against the dollar.
• B) appreciated against the euro.
• C) fallen inversely in value.
• D) depreciated against the euro.
• E) depreciated against the dollar.

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Definitions:

Absolute Value

The length between a number and zero on a number line, disregarding its direction.

Domain

The domain of a function is the set of all possible input values (usually x-values) for which the function is defined.

Real Numbers

All the numbers on the number line, including rational and irrational numbers, but not imaginary numbers.

Radical Expression

An expression that includes a radical symbol, which indicates the root of a number.