Refer to the table below to answer the following questions.
Table 9.1.1

-Refer to Table 9.1.1.Between 2016 and 2017, the dollar _______ versus the euro and _______ versus the yen.
A)depreciated; depreciated
B)appreciated; depreciated
C)appreciated; appreciated
D)not changed; not changed
E)depreciated; appreciated

Question

Refer to the table below to answer the following questions.
Table 9.1.1
 
-Refer to Table 9.1.1.Between 2016 and 2017, the dollar _______ versus the euro and _______ versus the yen.
A)depreciated; depreciated 
B)appreciated; depreciated 
C)appreciated; appreciated 
D)not changed; not changed 
E)depreciated; appreciated

Quizplus · Accepted Answer

From the table, we see that the value of the dollar increased from 0.90 euros per dollar in 2016 to 0.95 euros per dollar in 2017, meaning that the dollar appreciated against the euro. On the other hand, the value of the dollar decreased from 107 yen per dollar in 2016 to 112 yen per dollar in 2017, meaning that the dollar depreciated against the yen. Therefore, the answer is B) appreciated; depreciated.

Refer to the Table Below to Answer the Following Questions