If the U.S. dollar was worth 0.8 euros, and the dollar appreciated, it might now be worth:

Question

Quizplus · Accepted Answer

If the U.S. dollar appreciated, it would increase in value relative to the euro. Therefore, the new exchange rate would offer more euros per dollar. Since the initial exchange rate was 0.8 euros per dollar, an appreciation of the dollar would result in a new exchange rate that offers more than 0.8 euros per dollar. The only option that satisfies this condition is B, which offers 0.9 euros per dollar.

If the US Dollar Was Worth 0