Multiple Choice
If the exchange rate changes from 148 Kazakhstan tenge per dollar to 155 Kazakhstan tenge per dollar,the dollar has
A) appreciated.Other things the same,it now takes fewer dollars to buy Kazakhstani goods.
B) appreciated.Other things the same,it now takes more dollars to buy Kazakhstani goods.
C) depreciated.Other things the same,it now takes fewer dollars to buy Kazakhstani goods.
D) depreciated.Other things the same,it now takes more dollars to buy Kazakhstani goods.
Correct Answer:
Verified
Correct Answer:
Verified
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