Author Question: The table above shows the exchange rates between various currencies and the U.S. dollar. Between ... (Read 38 times)

123654777 · **on:** Jun 29, 2018

The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the Euro ________ against the U.S. dollar, the U.S. dollar ________ against the Japanese yen and the U.S.

dollar ________ against the Canadian dollar A) depreciated, appreciated, appreciated
B) depreciated, depreciated, appreciated
C) appreciated, appreciated, appreciated
D) appreciated, depreciated, depreciated

Question 2

Which of the following applies to an object serving as a store of value?

I. If an object can be held and exchanged later for a good or service, it serves as a store of value.
II. The less stable an object's value, the better it serves as a store of value.
III. A work of art can serve as a store of value.
A) I only
B) I and II
C) I and III
D) I, II and III