If the Exchange Rate Changes from 20 Cents Per Franc

question 63

Multiple Choice

If the exchange rate changes from 20 cents per franc to 18 cents per franc, the U.S.dollar has

• A)appreciated, since its value has increased
• B)appreciated, since its value has declined
• C)depreciated, making French goods more expensive in U.S.dollars
• D)depreciated, since its value has declined
• E)depreciated, since its value has increased

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pertains to the act of satisfying requirements or fulfilling the necessities of individuals or groups.

Tax Incentives

Financial benefits provided by the government to encourage certain activities or investments, reducing the tax liability for individuals or businesses.

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The process of increasing the physical size, output capacity, or production capabilities of a manufacturing facility.

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