From the beginning of 1973 until August 2015,the value of the dollar has ________ relative to the Canadian dollar and ________ relative to the Japanese yen.

Question

Quizplus · Accepted Answer

The question states that from 1973 to 2015, the value of the dollar has appreciated relative to the Canadian dollar but depreciated relative to the Japanese yen. Choice B is the only option that reflects both of these changes. Choice A suggests that the dollar has appreciated relative to both currencies, which is incorrect. Choice C suggests that the dollar has depreciated relative to the Canadian dollar and appreciated relative to the Japanese yen, which is also incorrect. Choice D suggests that the dollar has depreciated relative to both currencies, which is incorrect.

From the Beginning of 1973 Until August 2015,the Value of the Dollar