When more euros are needed to buy a unit of Japanese yen, the euro
A) has deflated.
B) has inflated.
C) has appreciated.
D) has depreciated.

Name: When more euros are needed to buy a unit of Japanese yen, the euro A) has deflated. B) has inflated. C) has appreciated. D) has depreciated.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

When more euros are needed to buy a unit of Japanese yen, it means the euro has lost its value relative to the yen. This is known as depreciation.

When More Euros Are Needed to Buy a Unit of Japanese