If a Euro Costs $1

question 1

Multiple Choice

If a euro costs $1.25 today, and it costs $1.50 tomorrow, what has happened to the dollar-euro exchange rate?

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

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Definitions:

Seismographs

Instruments that measure and record details of earthquakes, such as force and duration, by detecting ground motion.

Tsunami

Enormously long oceanic waves generated by major events like quakes, volcano eruptions, or subaquatic landslides.

P-Wave

A type of seismic wave that compresses and expands material in the direction it is traveling, and is the fastest kind of seismic wave.

Rogue Wave

A large, unexpected, and suddenly appearing surface wave that can be extremely dangerous, even to large ships.