If the Fed Announces That It Will Decrease U

question 50

Multiple Choice

If the Fed announces that it will decrease U.S. interest rates, and the European Central Bank takes no action, then the value of the euro will ____ against the value of U.S. dollar (holding other factors constant) .

• A)be unchanged
• B)depreciate
• C)appreciate
• D)depreciate but only briefly

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Definitions:

Complementary Strand

In molecular biology, a strand of nucleic acid that can form a double-stranded structure by matching each base with its complement.

DNA

Deoxyribonucleic acid, the molecule that carries genetic information in the cells of living organisms.

Complementary DNA

DNA synthesized from a single-stranded RNA template in a reaction catalyzed by the enzyme reverse transcriptase, often used in cloning or as a probe in physical mapping.

Complementary

Complementary refers to things that enhance or emphasize the qualities of each other when combined.