The following table shows the number of British pounds required to buy one U.S. dollar between September 3, 2012, and April 1, 2013. Use this table to answer the questions that follow.

-Between February 1,2013,and March 1,2013,the U.S.dollar ________ against the British pound,and the British pound ________ against the U.S.dollar.

Question

The following table shows the number of British pounds required to buy one U.S. dollar between September 3, 2012, and April 1, 2013. Use this table to answer the questions that follow.
 
-Between February 1,2013,and March 1,2013,the U.S.dollar ________ against the British pound,and the British pound ________ against the U.S.dollar.

Quizplus · Accepted Answer

During the given time period, the number of pounds required to buy one dollar decreased from 0.6314 to 0.6254, which means the dollar appreciated against the pound. On the other hand, the number of dollars required to buy one pound increased from 1.583 to 1.599, which means the pound depreciated against the dollar. Therefore, the correct choice is C.

The Following Table Shows the Number of British Pounds Required