If the Exchange Rate Changes from $1

question 181

Multiple Choice

If the exchange rate changes from $1.45 = 1 euro to $1.37 = 1 euro,then

• A)both the euro and dollar have appreciated.
• B)both the euro and dollar have depreciated.
• C)the euro has appreciated and the dollar has depreciated.
• D)the euro has depreciated and the dollar has appreciated.

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Definitions:

Simp

A slang term often used derogatorily to describe someone who is perceived as overly subservient or attentive to someone they are attracted to, often without receiving any acknowledgment or reciprocation.

Add

In mathematical terms, to combine or unite numbers or quantities to get a sum.

Simp

Informal slang, sometimes negative, referring to someone overly subservient to someone else without reciprocation, or excessively valuing someone who does not value them in return.

Conj

A shortened term for conjunction, referring to a compound sentence formed with the word "and" to connect clauses, propositions, or terms.