SlideShare a Scribd company logo
1 of 1
Download to read offline
In February 2002, the euro/dollar exchange rate was 1.20, and in May 2002, the euro/dollar
exchange rate was 1.10. What happened to the exchange rate during this period?
Euro appreciated against the dollar.
Euro depreciated against the dollar.
Dollar appreciated against the euro.
Both B and C.
Solution
Both B and C

More Related Content

More from arihantpatna

Whats wrong with this Hardy Weinberg question I thought it was a.pdf
Whats wrong with this Hardy Weinberg question I thought it was a.pdfWhats wrong with this Hardy Weinberg question I thought it was a.pdf
Whats wrong with this Hardy Weinberg question I thought it was a.pdf
arihantpatna
 
6. List and define the underlying conditions, or assumptions, which .pdf
6. List and define the underlying conditions, or assumptions, which .pdf6. List and define the underlying conditions, or assumptions, which .pdf
6. List and define the underlying conditions, or assumptions, which .pdf
arihantpatna
 
Wha is the difference between the large intestine and colon .pdf
Wha is the difference between the large intestine and colon .pdfWha is the difference between the large intestine and colon .pdf
Wha is the difference between the large intestine and colon .pdf
arihantpatna
 
Please Explain CompletelyWhat defines the beginning of the hepatic.pdf
Please Explain CompletelyWhat defines the beginning of the hepatic.pdfPlease Explain CompletelyWhat defines the beginning of the hepatic.pdf
Please Explain CompletelyWhat defines the beginning of the hepatic.pdf
arihantpatna
 
17) Fill out the following table Structure Pili or Fimbriae Flagella.pdf
17) Fill out the following table Structure Pili or Fimbriae Flagella.pdf17) Fill out the following table Structure Pili or Fimbriae Flagella.pdf
17) Fill out the following table Structure Pili or Fimbriae Flagella.pdf
arihantpatna
 
How would I solve this -3x+4y=8 what steps would I take to solve thi.pdf
How would I solve this -3x+4y=8 what steps would I take to solve thi.pdfHow would I solve this -3x+4y=8 what steps would I take to solve thi.pdf
How would I solve this -3x+4y=8 what steps would I take to solve thi.pdf
arihantpatna
 
Here is what I got so far, I dont know how to write union, interse.pdf
Here is what I got so far, I dont know how to write union, interse.pdfHere is what I got so far, I dont know how to write union, interse.pdf
Here is what I got so far, I dont know how to write union, interse.pdf
arihantpatna
 
1. An exergonic reaction ____________ . a. has the same amount of .pdf
1. An exergonic reaction ____________ . a. has the same amount of .pdf1. An exergonic reaction ____________ . a. has the same amount of .pdf
1. An exergonic reaction ____________ . a. has the same amount of .pdf
arihantpatna
 
1.Review news reports from a specific data breach. Choose a breach f.pdf
1.Review news reports from a specific data breach. Choose a breach f.pdf1.Review news reports from a specific data breach. Choose a breach f.pdf
1.Review news reports from a specific data breach. Choose a breach f.pdf
arihantpatna
 

More from arihantpatna (20)

Which data set has the least sample standard deviation Data set (ii.pdf
Which data set has the least sample standard deviation  Data set (ii.pdfWhich data set has the least sample standard deviation  Data set (ii.pdf
Which data set has the least sample standard deviation Data set (ii.pdf
 
Whats wrong with this Hardy Weinberg question I thought it was a.pdf
Whats wrong with this Hardy Weinberg question I thought it was a.pdfWhats wrong with this Hardy Weinberg question I thought it was a.pdf
Whats wrong with this Hardy Weinberg question I thought it was a.pdf
 
6. List and define the underlying conditions, or assumptions, which .pdf
6. List and define the underlying conditions, or assumptions, which .pdf6. List and define the underlying conditions, or assumptions, which .pdf
6. List and define the underlying conditions, or assumptions, which .pdf
 
What does the LP tableau below indicate (The xs are decision varia.pdf
What does the LP tableau below indicate (The xs are decision varia.pdfWhat does the LP tableau below indicate (The xs are decision varia.pdf
What does the LP tableau below indicate (The xs are decision varia.pdf
 
Wha is the difference between the large intestine and colon .pdf
Wha is the difference between the large intestine and colon .pdfWha is the difference between the large intestine and colon .pdf
Wha is the difference between the large intestine and colon .pdf
 
Was airpower decisive in winning World War II Defend your answer..pdf
Was airpower decisive in winning World War II Defend your answer..pdfWas airpower decisive in winning World War II Defend your answer..pdf
Was airpower decisive in winning World War II Defend your answer..pdf
 
Summarize the workflow of the study of microbial diversity. Draw a d.pdf
Summarize the workflow of the study of microbial diversity. Draw a d.pdfSummarize the workflow of the study of microbial diversity. Draw a d.pdf
Summarize the workflow of the study of microbial diversity. Draw a d.pdf
 
Shifting allocations most often arise as a result of which of the fo.pdf
Shifting allocations most often arise as a result of which of the fo.pdfShifting allocations most often arise as a result of which of the fo.pdf
Shifting allocations most often arise as a result of which of the fo.pdf
 
16.) How would you determine if Cellulous is hydrophobic or hydrophi.pdf
16.) How would you determine if Cellulous is hydrophobic or hydrophi.pdf16.) How would you determine if Cellulous is hydrophobic or hydrophi.pdf
16.) How would you determine if Cellulous is hydrophobic or hydrophi.pdf
 
Please Explain CompletelyWhat defines the beginning of the hepatic.pdf
Please Explain CompletelyWhat defines the beginning of the hepatic.pdfPlease Explain CompletelyWhat defines the beginning of the hepatic.pdf
Please Explain CompletelyWhat defines the beginning of the hepatic.pdf
 
Plant Diversity II –     Seed Plants1. Explain how the rise in pro.pdf
Plant Diversity II –     Seed Plants1. Explain how the rise in pro.pdfPlant Diversity II –     Seed Plants1. Explain how the rise in pro.pdf
Plant Diversity II –     Seed Plants1. Explain how the rise in pro.pdf
 
17) Fill out the following table Structure Pili or Fimbriae Flagella.pdf
17) Fill out the following table Structure Pili or Fimbriae Flagella.pdf17) Fill out the following table Structure Pili or Fimbriae Flagella.pdf
17) Fill out the following table Structure Pili or Fimbriae Flagella.pdf
 
Mark and I.isa registered for Physics 101 class. Mark attends class 6.pdf
Mark and I.isa registered for Physics 101 class. Mark attends class 6.pdfMark and I.isa registered for Physics 101 class. Mark attends class 6.pdf
Mark and I.isa registered for Physics 101 class. Mark attends class 6.pdf
 
Joe Cool went to a baseball game and got very hungry for a hotdog. W.pdf
Joe Cool went to a baseball game and got very hungry for a hotdog. W.pdfJoe Cool went to a baseball game and got very hungry for a hotdog. W.pdf
Joe Cool went to a baseball game and got very hungry for a hotdog. W.pdf
 
Integrated project delivery (IPD) states that subcontractors are sel.pdf
Integrated project delivery (IPD) states that subcontractors are sel.pdfIntegrated project delivery (IPD) states that subcontractors are sel.pdf
Integrated project delivery (IPD) states that subcontractors are sel.pdf
 
How would I solve this -3x+4y=8 what steps would I take to solve thi.pdf
How would I solve this -3x+4y=8 what steps would I take to solve thi.pdfHow would I solve this -3x+4y=8 what steps would I take to solve thi.pdf
How would I solve this -3x+4y=8 what steps would I take to solve thi.pdf
 
Here is what I got so far, I dont know how to write union, interse.pdf
Here is what I got so far, I dont know how to write union, interse.pdfHere is what I got so far, I dont know how to write union, interse.pdf
Here is what I got so far, I dont know how to write union, interse.pdf
 
he population of a small country increases according to the function.pdf
he population of a small country increases according to the function.pdfhe population of a small country increases according to the function.pdf
he population of a small country increases according to the function.pdf
 
1. An exergonic reaction ____________ . a. has the same amount of .pdf
1. An exergonic reaction ____________ . a. has the same amount of .pdf1. An exergonic reaction ____________ . a. has the same amount of .pdf
1. An exergonic reaction ____________ . a. has the same amount of .pdf
 
1.Review news reports from a specific data breach. Choose a breach f.pdf
1.Review news reports from a specific data breach. Choose a breach f.pdf1.Review news reports from a specific data breach. Choose a breach f.pdf
1.Review news reports from a specific data breach. Choose a breach f.pdf
 

Recently uploaded

Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
KarakKing
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
ZurliaSoop
 

Recently uploaded (20)

Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptx
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdf
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 

In February 2002, the eurodollar exchange rate was 1.20, and in May.pdf

  • 1. In February 2002, the euro/dollar exchange rate was 1.20, and in May 2002, the euro/dollar exchange rate was 1.10. What happened to the exchange rate during this period? Euro appreciated against the dollar. Euro depreciated against the dollar. Dollar appreciated against the euro. Both B and C. Solution Both B and C