Question
1. If the U. S. Dollar can be exchanged for 100 Japanese Yen today but in 5 days it can be exchanged for 140 Japanese
1. If the U. S. Dollar can be exchanged for 100 Japanese Yen today but in 5 days it can be exchanged for 140 Japanese Yen which currency has appreciated?
2. Suppose that $1 U.S. dollar can be exchanged today for 200 Euro. On Friday, it changes to $1 U.S. dollar can be exchanged for 120 Euro. Which currency has appreciated?
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