Yesterday, the dollar was trading in the foreign exchange market at 1.10 euros per dollar. Today, the dollar is trading at 1.20 euros per dollar
The dollar has ________ and a possible reason for the change is ________ in the expected future exchange rate.
A) appreciated; because there has been no change
B) depreciated; a decrease
C) appreciated; a decrease
D) appreciated; an increase
E) depreciated; an increase
D
Economics
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A) decreases consumer surplus. B) increases producer surplus. C) decreases deadweight loss. D) increases the quantity of housing rented. E) is efficient.
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In general, the more money in existence, the better it functions as a store of value
a. True b. False Indicate whether the statement is true or false
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