Assume That the Exchange Rate Moves from $1 = €1

question 86

Multiple Choice

Assume that the exchange rate moves from $1 = €1.2 to $1 = €0.97.This exchange rate change indicates that:

• A)the euro has depreciated in value.
• B)the price of a holiday in Europe has become less expensive for U.S.residents.
• C)the U.S.dollar price of European chocolate has fallen.
• D)the U.S.dollar has appreciated in value.
• E)the euro has appreciated in value.

---

Definitions:

Infertility

The inability to conceive a child after a year or more of regular sexual intercourse without the use of birth control.

Pregnant

The state of carrying a developing fetus within the uterus.

Obesity

Defined as having a body mass index at or above the 95th percentile for height and age.

Physical Activity

Any bodily movement produced by skeletal muscles that require energy expenditure, including exercise and activities undertaken while working, playing, or performing daily chores.