Multiple Choice
Refer to the graph shown. An increase in American interest rates would shift:
A) D1 right and S1 left, causing an appreciation of the euro.
B) D1 right and S1 right, causing a depreciation of the euro.
C) D1 left and S1 left, causing an appreciation of the euro.
D) D1 left and S1 right, causing a depreciation of the euro.
Correct Answer:

Verified
Correct Answer:
Verified
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