One World View article, titled "Nobel Prize Was Nobler in October," reported this about the Nobel Prize in 1992: "Sweden's decision last month to let the krona float caused the prizes'value to drop from $1.2 million each when announced in October to $958,000 when King Carl XVI Gustaf presents them Thursday." Implicitly, we can conclude that a Nobel Prize is paid in
A) A depreciating dollar.
B) A depreciating krona.
C) An appreciating krona.
D) An appreciating dollar.
Correct Answer:
Verified
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