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A Depreciation in Micromania's Currency, the Micro, Occurs When the Exchange

Question 37

Multiple Choice

A depreciation in Micromania's currency, the micro, occurs when the exchange rate changes from


A) 50 micros = $2 to 25 micros = $1
B) 100 micros = $2 to 200 micros = $1
C) $1 = 75 micros to $2 = 100 micros
D) $3 = 75 micros to $1 = 25 micros
E) $1 = 50 micros to $2 = 50 micros

Correct Answer:

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