When the value of the British pound changes from $1.25 to $1.50,the pound has ________ and the U.S. dollar has ________.

Question

Quizplus · Accepted Answer

When the value of a currency increases compared to another currency, it is said to have appreciated, while the other currency is said to have depreciated. In this case, the British pound has appreciated, as it now takes more U.S. dollars to buy one pound. Conversely, the U.S. dollar has depreciated, as it now has less value compared to the pound.

When the Value of the British Pound Changes from $1