If the exchange rate changes from $2.00 = 1 euro to $1.98 = 1 euro then
A) the dollar has appreciated. B) the euro has appreciated.
C) the euro has stayed constant in value. D) the dollar has depreciated.
A
Economics
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How is the current demand for a good related to its future price?
a. If the price is expected to drop, current demand will fall. b. If the price is expected to drop, current demand will rise. c. If the price is expected to rise, current demand will fall. d. Current demand is not related to future price.
Economics
If marginal cost is zero a firm can still profit through pricing
Indicate whether the statement is true or false
Economics