When the exchange rate between the U.S.dollar and the euro changes from 1.30 euros per dollar to 1.00 euro per dollar the dollar has ________ and European goods have become ________ to people in the United States so that quantity of U.S.dollars supplied ________.

Question

Quizplus · Accepted Answer

The dollar has depreciated because it now buys fewer euros. European goods become more expensive for Americans, leading to a decrease in the quantity of U.S. dollars supplied as demand for European goods falls.

When the Exchange Rate Between the U