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Refer to the Following Figure When Answering the Following Questions

Question 88

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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. 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.
-Consider Figure 20.1. 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.

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