You Checked the €/$ Exchange Rate a Week Ago and You

question 59

Multiple Choice

You checked the €/$ exchange rate a week ago and you found that one Dollar cost you €0.8214.When you checked the €/$ exchange rate again yesterday one dollar was trading at €0.8026.By how much did the value of the Dollar appreciate (depreciate) ?

• A) appreciated by 3.56%
• B) depreciated by 3.56%
• C) appreciated by 2.35%
• D) depreciated by 2.35%

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Definitions:

Limitations

Restrictions or bounds that are imposed on capabilities or activities.

Meconium

The first feces of a newborn, which is thick, sticky, and greenish-black in color.

Milk Stool

The typical appearance of an infant's feces, especially those who are breastfed, characterized by its soft, loose texture and yellowish color.

Miliaria

A skin condition commonly known as heat rash, caused by blocked sweat ducts and resulting in small, itchy rashes.