6) A general increase in the price of goods is called:

A) recession

B) deflation

C) inflation

D) fed funds rate

7) If on Monday 1 U.S. Dollar could be exchanged for 130 Euros, then on Wednesday 1 U.S. Dollar can be exchanged for 110 Euros, which is true:

A) the Euro has appreciated

B) the U.S. Dollar has appreciated