The following table shows the number of U.S. dollars required to buy one euro between September 3, 2012, and April 1, 2013. Use this table to answer the questions that follow.
-Between November 1,2012,and January 1,2013,the U.S.dollar ________ against the euro and the euro ________ against the U.S.dollar.
Definitions:
Share Weighted Index
A stock market index in which each company is weighted according to the total value of its outstanding shares.
Price Weighted Index
A stock market index in which each company's stock influences the index in proportion to its price per share.
Adjustable Rate Mortgage
A type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan according to market conditions.
Fixed Rate Mortgage
A mortgage in which the interest rate remains constant throughout the term of the loan.
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