If It Takes More Dollars to Acquire One Unit of a Foreign

question 10

Multiple Choice

If it takes more dollars to acquire one unit of a foreign currency,

• A)the quantity of U.S.good that the foreign country will by will decrease
• B)the foreign currency has depreciated.
• C)the dollar has depreciated.
• D)the dollar has appreciated.

---

Definitions:

Per Capita Income

Represents the average income earned per person in a given area in a specified year.

Quality Of Life

The general well-being of individuals and societies, encompassing health, comfort, happiness, and prosperity, rather than mere wealth.

New Netherland

A colonial province on North America's East Coast in the 17th century, belonging to the Dutch Republic.