The US Dollar Suddenly Changes in Value Against the Euro Moving

question 9

Multiple Choice

The U.S. dollar suddenly changes in value against the euro moving from an exchange rate of $0.8909/euro to $0.8709/euro. Thus, the dollar has ________ by ________.

• A) appreciated; 2.30%
• B) depreciated; 2.30%
• C) appreciated; 2.24%
• D) depreciated; 2.24%

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A measurable extent of some kind, such as length, width, depth, or height, often used in the context of physical spaces or objects.