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. During the period 2008-2009, the U.S. dollar ________ relative to the euro and ________ relative to the U.K. pound.

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