Which of the following statements is equivalent to an appreciation of the dollar relative to the euro?
a. The dollar buys fewer euros now.
b. The euro buys fewer dollars now.
c. The dollar costs less.
d. The euro buys more dollars now
Answer: b. The euro buys fewer dollars now.
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Indicate whether the statement is true or false
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A) $40 B) $55 C) $65 D) > $65
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a. True b. False Indicate whether the statement is true or false