On a vacation to Italy,you exchange $100 to get 70 Euros in return.This amount is significantly lower than what you received last year.This indicates that the ________.

Question

Quizplus · Accepted Answer

A)The value of the dollar depreciated in this case. A currency is called weak when its rate is lower than normal. Hence, the U.S. dollar has weakened in the past year.
B)The value of the dollar depreciated in this case. A currency is called weak when its rate is lower than normal. Hence, the U.S. dollar has weakened in the past year.
C)The value of the dollar depreciated in this case. A currency is called weak when its rate is lower than normal. Hence, the U.S. dollar has weakened in the past year.
D)The value of the dollar depreciated in this case. A currency is called weak when its rate is lower than normal. Hence, the U.S. dollar has weakened in the past year.
E)The value of the dollar depreciated in this case. A currency is called weak when its rate is lower than normal. Hence, the U.S. dollar has weakened in the past year.

On a Vacation to Italy,you Exchange $100 to Get 70