1. The Federal Reserve maintains a web site that lists the exchange rate between the U.S. dollar...

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1. The Federal Reserve maintains a web site that lists the exchange rate between the U.S. dollar and many other currencies. Go to www.federalreserve.gov/releases

/H10/hist/. Go to the historical data from 1999 and later and find the Euro.

a. What has the percentage change in the Euro-dollar exchange rate been between introduction and now?

b. What has been the annual percentage change in the Euro-dollar exchange rate for each year since the Euro’s introduction?

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