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 January 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 January 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

Between January 1, 2013 (1.6250) and March 1, 2013 (1.5150), the U.S. dollar requires fewer British pounds to purchase, meaning it appreciated. At the same time, the British pound requires more U.S. dollars to purchase, meaning it depreciated. Therefore, the best choice is B, the U.S. dollar appreciated, and the British pound depreciated.

The Following Table Shows the Number of British Pounds Required