If the Exchange Rate Changes from 20 Cents Per Franc

question 63

Multiple Choice

If the exchange rate changes from 20 cents per franc to 18 cents per franc, the U.S.dollar has

• A)appreciated, since its value has increased
• B)appreciated, since its value has declined
• C)depreciated, making French goods more expensive in U.S.dollars
• D)depreciated, since its value has declined
• E)depreciated, since its value has increased

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Definitions:

Chronic Renal Failure

A long-term medical condition where the kidneys lose their ability to filter waste and excess fluids from the blood effectively.

Poisons

Substances that can cause disturbances to organisms, typically by chemical reaction or other activity on the molecular scale, when an organism absorbs a sufficient quantity.

Alcohol Abuse

Alcohol abuse is the pattern of drinking that results in harm to one's health, interpersonal relationships, or ability to work.

Acute Renal Failure

A rapid loss of kidney function, characterized by a decrease in urine production and accumulation of waste products in the blood.