If Banks in Europe Are Paying a Higher Rate of Interest

question 25

Multiple Choice

If banks in Europe are paying a higher rate of interest on savings accounts, the demand for euros will _____, and the euro will:

• A) decrease; depreciate.
• B) decrease; appreciate.
• C) increase; depreciate.
• D) increase; appreciate.

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Definitions:

Physical Stores

Brick-and-mortar locations where businesses sell their products or services to customers in person.

Foursquare

Foursquare is a local search-and-discovery mobile app which provides search results for its users based on their locations and preferences.

Coupons

Discount vouchers or codes that consumers can use to save money on purchases.

Collaborative Consumption

An economic model based on sharing, swapping, trading, or renting products and services, enabling access over ownership.