psbacademyedu.blackboard.com + f Facebook Search Results | Course Hero Take Test: Exam: Macroeconomics, 07 M. C Chegg Search Exchange rates are determined in the mo... Take Test: Exam: Macroeconomics, 07 March 2022, 2PM * Test Information Description Instructions Select ONE correct answer from the option listed for each question. Each question is worth 1 mark. Timed Test This test has a time limit of 2 hours. This test will save and submit automatically when the time expires. Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Multiple Attempts Not allowed. This test can only be taken once. Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Your answers are saved automatically. Remaining Time: 1 hour, 15 minutes, 03 seconds. Question Completion Status: > A Moving to another question will save this response. > Question 17 1 points Save Answer "If yesterday exchange rate is US$1 = S$1.33 and today exchange rate is US$1 = S$1.45, this means that US$ has depreciated against S$. S$ has appreciated against US$. S$ has depreciated against US$. the value of S$ remains the same against US$. .> A Moving to another question will save this response. >