When the value of the dollar changes from £0.75 to £0.5,then the British pound has ________ and the U.S. dollar has ________.

Question

Quizplus · Accepted Answer

When the value of the dollar decreases in terms of the British pound (from £0.75 to £0.5), it means that now fewer pounds are needed to buy a dollar, indicating that the pound has appreciated in value relative to the dollar. Conversely, the dollar has depreciated because it now buys less of the pound than before.

When the Value of the Dollar Changes from £0