The total amount spent to buy new physical capital and replace old capital is referred to as

If the dollar falls from 1.25 euros to 1.00 euro, then the dollar has ________ and the euro has ________

A) depreciated; depreciated B) depreciated; appreciated C) appreciated; appreciated D) shrunk; grown E) appreciated; depreciated

Microeconomics and macroeconomics are closely linked

a. True b. False Indicate whether the statement is true or false