If the dollar's value changes from 120 yen per dollar to 110 yen per dollar, the dollar has
A) depreciated.
B) appreciated.
C) demanded.
D) devalued.

Name: If the dollar's value changes from 120 yen per dollar to 110 yen per dollar, the dollar has A) depreciated. B) appreciated. C) demanded. D) devalued.
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Question

Quizplus · Accepted Answer

The dollar has depreciated because it now buys fewer yen than before, indicating a decrease in its value relative to the yen.

If the Dollar's Value Changes from 120 Yen Per Dollar