Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue

Exercise 10

THE YEN-DOLLAR EXCHANGE RATE The Federal Reserve Board of Governors provides exchange rates for various currencies for the last decade at www.federalreserve.gov/releases (Foreign Exchange Rates; Historical bilateral rates). Has the dollar appreciated, depreciated, or remained constant relative to the Canadian dollar, the European euro, the Japanese yen, the Swedish krona, and the Swiss franc since 2000