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.

---

Definitions:

Architectural Component

Fundamental elements or parts that make up a building structure, such as windows, doors, and walls.

Saint Cyriakus

A Christian martyr and saint, celebrated for his faith and miracles, with various churches dedicated to him across Europe.

Carolingian-Ottonian Taste

Refers to the artistic and architectural style prevalent in the Carolingian and Ottonian empires, characterized by renewal of Roman art forms and Christian themes.

Costly Portable Objects

Items of significant value that are designed to be easily carried or moved, often signifying wealth or status.