In 2007, a Dollar Could Be Traded for 100 Yen

question 165

Multiple Choice

In 2007, a dollar could be traded for 100 yen and in 2008 a dollar could be traded for 90 yen.Between these two years, the dollar has become ________ valuable and so the dollar has ________.

• A) less; appreciated against the yen
• B) less; depreciated against the yen
• C) more; appreciated against the yen
• D) more; depreciated against the yen
• E) more; appreciated against the dollar

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