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If the US Dollar-Euro Exchange Rate Changes from $1

Question 125

Multiple Choice

If the U.S. dollar-euro exchange rate changes from $1.25 per euro to $_____ per euro, then the dollar _____.


A) 1.50; depreciates
B) 1.50; depreciates.
C) 1.50; appreciates
D) 1.50; appreciates.
E) 1.50; does not change in value.
F) 1.50; does not change in value
G) 1.10; depreciates.
H) 1.10; depreciates

Correct Answer:

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