Multiple Choice
The value of the Australian dollar (A$) today is $0.73. Yesterday, the value of the Australian dollar was $0.69. The Australian dollar ____ by ____ percent
A) depreciated; 5.80
B) depreciated; 4.00
C) appreciated; 5.80
D) appreciated; 4.00
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Capital flows have become _ over time;
Q12: _ are not a factor that causes
Q20: If a currency's spot rate market is
Q21: If the United States experiences a sudden
Q24: A large increase in the income level
Q41: An increase in U.S. inflation relative to
Q51: If one foreign currency appreciates against the
Q52: Illiquid currencies tend to exhibit less volatile
Q65: Assume that the United States places a
Q67: A currency's liquidity can affect the extent