Which of the Following Changes in the Exchange Rate Represents

question 28

Multiple Choice

Which of the following changes in the exchange rate represents a depreciation of the dollar?

• A) 100 yen = $1 to 110 yen = $1
• B) 1 yen = $.10 to 1 yen = $.08
• C) 1 peso = $10 to 1 peso = $11
• D) 200 francs = $10 to 250 francs = $10

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