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The U.S. dollar suddenly changes in value against the euro moving from an exchange rate of 0.8909/ to $0.8709/. Thus, the dollar has ________ by
The U.S. dollar suddenly changes in value against the euro moving from an exchange rate of 0.8909/ to $0.8709/. Thus, the dollar has ________ by ________. a) depreciated; 2.24% b) depreciated; 2.30% c) appreciated; 2.24% d) appreciated; 2.30%
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