Suppose you want to go on a vacation to Italia. Other things the same, if the dollar appreciates relative to the euro, t

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Suppose you want to go on a vacation to Italia. Other things the same, if the dollar appreciates relative to the euro, t

Post by answerhappygod »

Suppose you want to go on a vacation to Italia. Other things thesame, if the dollar appreciates relative to the euro, then
A. the dollar buys fewer euro. Your purchases in Italia willrequire fewer dollars.
B. the dollar buys fewer euro. Your purchases in Italia willrequire more dollars.
C. the dollar buys more euro. Your purchases in euro willrequire fewer dollars.
D. the dollar buys more kuna. Your purchases in Italia willrequire more dollars.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply