When it takes more euros to purchase a dollar, the dollars is said to have:
A) depreciated
B) appreciated
C) it depends on whether one is using direct or indirect quotations
D) it depends on whether one is considering cross rates or exchange rates
B
Economics
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In the above figure, the diagram shows
A) a downward trend in x. B) an upward trend in x. C) a scatter diagram. D) a two-variable scatter diagram. E) a cross-section graph between x and time.
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The highest component of GNP is
A) the current account. B) investment. C) government purchases. D) consumption. E) trade.
Economics