Refer to the Following Figure When Answering

Multiple Choice

Refer to the following figure when answering
Figure 20.1: Exchange Rates (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Consider Figure 20.1, which shows the £UK/$US, $US/€, and £UK/€ exchange rates. In the period 2007-2009, the euro ________ relative to the U.K. pound and ________ relative to the U.K. pound after 2011.

A) depreciated; appreciated
B) depreciated; remained somewhat unchanged
C) appreciated; remained somewhat unchanged
D) appreciated; depreciated
E) Not enough information is given.