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Refer to the Following Figure When Answering the Following Questions

Question 67

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Refer to the following figure when answering the following questions.
Figure 20.1: Exchange Rates Refer to the following figure when answering the following questions. Figure 20.1: Exchange Rates    -Consider Figure 20.1. 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.
-Consider Figure 20.1. 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.

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