Refer to the following figure when answering
Figure 20.1: Exchange Rates (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Consider Figure 20.1, which shows the £UK/$US, $US/€, and £UK/€ exchange rates. During the period 2008-2009, the U.S. dollar ________ relative to the euro and ________ relative to the U.K. pound.

Question

Refer to the following figure when answering  
Figure 20.1: Exchange Rates  (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Consider Figure 20.1, which shows the £UK/$US, $US/€, and £UK/€ exchange rates. During the period 2008-2009, the U.S. dollar ________ relative to the euro and ________ relative to the U.K. pound.

Quizplus · Accepted Answer

The Answer of Refer to the following figure when answering  
Figure 20.1: Exchange Rates  (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Consider Figure 20.1, which shows the £UK/$US, $US/€, and £UK/€ exchange rates. During the period 2008-2009, the U.S. dollar ________ relative to the euro and ________ relative to the U.K. pound.

Refer to the Following Figure When Answering