If one currency increases in value relative to another currency, economists say that the currency that increased in value has ___________.
A)Grown
B)Appreciated
C)Depreciated
D)Increased

Question

Quizplus · Accepted Answer

If one currency increases in value relative to another currency, economists say that the currency that increased in value has appreciated.
Key Takeaway: When the price of a currency, in particular the U.S. dollar, rises in relation to another currency, economists say that the currency has appreciated. Depreciation is the opposite-when the currency decreases relative to another currency.

If One Currency Increases in Value Relative to Another Currency