The exchange rate changed from € 2.5/ $ to € 2.0/ $. Therefore:
a. The euro depreciated by 25% and the dollar appreciated by 25%.
b. The euro appreciated by 25% and the dollar depreciated by 20%.
c. The euro depreciated by 25% and the dollar appreciated by 20%.
d. The euro appreciated by 20% and the dollar depreciated by 25%.
e. The euro depreciated by 20% and the dollar appreciated by 25%.
.B
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The nominal interest rate minus the inflation rate is the
A) depreciation rate. B) real interest rate. C) discount rate. D) forward rate.
If an individual invests $20 in a bank deposit promising an interest of 12 percent per annum, compounded annually, he will receive $40 after 8 years
Indicate whether the statement is true or false
Graphically derive the IS curve from the goods market equilibrium
What will be an ideal response?
The agency responsible for compiling the National Income Product Accounts for the U.S. economy is the:
A. Council of Economic Advisers. B. Bureau of Economic Analysis. C. National Bureau of Economic Research. D. Bureau of Labor Statistics.