Homework Clinic
Social Science Clinic => Economics => Topic started by: dejastew on Jun 29, 2018
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If today the exchange rate is 1.00 euro per dollar and tomorrow the exchange rate is 0.98 euros per dollar, then the dollar ________ and the euro ________.
A) depreciated; appreciated
B) appreciated; depreciated
C) depreciated; did not change
D) appreciated; appreciated
E) depreciated; depreciated
Question 2
During 2013, a country's total purchases of newly produced capital goods are 1,000 billion, the country issues 750 billion of stock certificates, and there is 200 billion of depreciation. Net investment in this country equals
A) 550 billion.
B) 1,000 billion.
C) 1,550 billion.
D) 1,750 billion.
E) 800 billion.
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Answer to Question 1
A
Answer to Question 2
E
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Thank you
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No problemo