Multiple Choice
Last year the exchange rate between the U.S.dollar and the euro was 0.89.Today the exchange rate is 0.92.We can say that the dollar has ________ against the euro and the euro has ________ against the U.S.dollar.
A) appreciated; appreciated
B) depreciated; appreciated
C) appreciated; depreciated
D) depreciated; depreciated
Correct Answer:

Verified
Correct Answer:
Verified
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