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Figure 11.3 the Market for the Euro

Question 76

Multiple Choice

Figure 11.3 The Market for the Euro Figure 11.3 The Market for the Euro -Refer to Figure 11.3.If the supply curve shifts from S<sub>2</sub> to S<sub>1</sub> A) the dollar has depreciated relative to the Euro B) the euro has appreciated relative to the dollar C) the euro has depreciated relative to the dollar D) both a and b
-Refer to Figure 11.3.If the supply curve shifts from S2 to S1


A) the dollar has depreciated relative to the Euro
B) the euro has appreciated relative to the dollar
C) the euro has depreciated relative to the dollar
D) both a and b

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