In 2011,a number of Canadians purchased homes in Arizona.Which of the following would not be a possible explanation for this?
A) The value of the Canadian dollar relative to the U.S. dollar increased during this time.
B) The U.S. dollar depreciated during this time.
C) The Canadian dollar appreciated during this time.
D) The U.S. dollar appreciated relative to the Canadian dollar during this time.
Correct Answer:
Verified
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