If the USD/EUR .86 changes to USD/EUR .89, the USD has _____, and the EUR has:
A) appreciated; depreciated.
B) depreciated; appreciated.
C) appreciated; appreciated.
D) depreciated; depreciated.
Correct Answer:
Verified
Q23: When the euro falls against the yen,
Q24: If USD/JPY 111.24 changes to USD/JPY 114.2,
Q25: If USD/EUR .86 changes to USD/EUR .82,
Q26: When the yen _ against the euro,
Q27: When the yen _ against the euro,
Q29: The demand for a currency is derived
Q30: When Europeans visit Disney World in Florida,
Q31: If Europeans no longer desire U.S. clothing,
Q32: If Europe is experiencing inflation, the demand
Q33: If prices are falling in Japan, the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents