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Suppose you obtain the following information from the website of the Federal Reserve Board of Governors (The exchange rates are quoted US dollars per currency

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Suppose you obtain the following information from the website of the Federal Reserve Board of Governors (The exchange rates are quoted US dollars per currency unit; Also note August is in the column on the left, and June is in the column on the right) MONETARY 2016 2016 2016 COUNTRY UNIT August July June "AUSTRALIA DOLLAR 0.7795 0.7407 0.7315 which is the following statement is correct? Here is a link to a blank spreadsheet that you might want to use for other questionsblankexcs.xlsx A Australian Dollar has deprecated against US dollar B.U.S. dollar has deprecated against Australian Dollar . Australian Dollar has appreciated against U.S. doll D. Both Band C are correct None of the statements is correct OE

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