The following table shows the number of British pounds required to buy one U.S.dollar and the number of euros required to buy one U.S.dollar between September 3,2012,and April 1,2013:

Between December 3,2012,and January 1,2013,the U.S.dollar ____________ against the British pound,and the U.S.dollar __________ against the euro.

Question

The following table shows the number of British pounds required to buy one U.S.dollar and the number of euros required to buy one U.S.dollar between September 3,2012,and April 1,2013:

Between December 3,2012,and January 1,2013,the U.S.dollar ____________ against the British pound,and the U.S.dollar __________ against the euro.

Quizplus · Accepted Answer

According to the table, between December 3, 2012, and January 1, 2013, the number of British pounds required to buy one U.S. dollar increased from 0.623 to 0.639, indicating that the U.S. dollar depreciated against the British pound. Similarly, the number of euros required to buy one U.S. dollar also increased from 0.766 to 0.763, indicating that the U.S. dollar further depreciated against the euro. Therefore, the U.S. dollar depreciated against both currencies during this period, leading to choice D as the correct answer.

The Following Table Shows the Number of British Pounds Required