The value of the British pound changed from $1.23 to $1.32. We can say that the pound has __________blank and the dollar has __________blank. Multiple Choice depreciated; appreciated appreciated; appreciated appreciated; depreciated depreciated; depreciated neither depreciated nor appreciated; appreciated. Prev Question 9 of 10 Total9 of 10
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" - When a currency appreciates, it increases in value relative to another currency. - When a currency depreciates, it decreases in value relative to another currency. Show more…
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The exchange rate between the U.S. dollar and the British pound starts at $$ 1=£ 0.5 .$ It then changes to $$ 1=£ 0.75 .$ Given this change, we would say that the U.S. dollar has _______ while the British pound has _______. a. Depreciated; appreciated. b. Depreciated; depreciated. c. Appreciated; depreciated. d. Appreciated; appreciated.
Prashant B.
A British pound cost $1.56 in U.S. dollars in 1996, but $1.66 in U.S. dollars in 1998. Over these two years the dollar appreciated relative to the pound. the pound depreciated relative to the dollar. the pound appreciated relative to the dollar. the exchange rate between the pound and dollar did not change.
Akash M.
2. If the dollar price of the yen (the price of the yen stated in dollars) rises, then we would say that the dollar has appreciated relative to the yen. the inflation adjusted value of the dollar has fallen. the yen has appreciated relative to the dollar. the yen has depreciated relative to the dollar. 3. If the dollar used by 160 Yen and now buys 100 Yen, there has been a decrease in the demand for Yen. a depreciation of the Yen. a depreciation of the Dollar. an appreciation of the Dollar. 4. The demand for foreign currency in the U.S. is a direct demand. derived demand based on the demand for U.S. products. derived demand based on the demand for foreign products. direct demand based on the demand for U.S. dollars. 5. The supply of dollars in foreign exchange markets is determined by the Federal Reserve Board. determined by the demand for American goods. determined by the American demand for foreign goods. a function of the international banking system. 6. If the Euro appreciates relative to the American dollar, then it takes more Euros than before to buy each dollar. It will be less expensive than before for Europeans to travel in the United States. it takes fewer dollars than before to buy each Euro. European products have become less expensive for Americans. 7. The price of one currency in terms of another is the price of gold. price of a SDR. foreign exchange rate. domestic exchange rate.
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