When the Exchange Rate Changes from 0

question 11

Multiple Choice

When the exchange rate changes from 0.9 euros per dollar to 1.0 euros per dollar,then

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

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A safety device in vehicles, designed to secure the occupant against harmful movement that may result during a collision or a sudden stop.

Bull's Eye

The center of a target, often used in the context of achieving precision or pinpoint accuracy.

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A measure of how likely an event is to occur, expressed as a number between 0 and 1.

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Individuals who have had their expectations met or exceeded by a product or service, leading to a positive perception of the business.