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Use the graph to answer the question that follows. A graph has euros along the horizontal axis and Dollars per euro along the vertical axis.
Use the graph to answer the question that follows. A graph has euros along the horizontal axis and Dollars per euro along the vertical axis. An upward sloping curve is labeled S. A downward sloping curve labeled D intersects S at point E0, corresponding to vertical value of 0.50 dollar. A second downward sloping curve labeled D prime is to the right of D and intersects S at point E1, corresponding to vertical value of 1 dollar. The accompanying graph of the market for the euro shows a change in the equilibrium from E0 to E1, with a change in the equilibrium dollar price of a euro. Which of the following statements is consistent with this change? (1 point) Europeans are importing more goods from the United States, and the euro has depreciated. Higher real interest rates in the United States have led to an appreciation of the dollar. U.S. citizens are traveling more to Europe, appreciating the euro. Higher average incomes in Europe are leading to more exports from Europe and an appreciated euro. Americans are consuming fewer goods from Europe, depreciating the euro
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