Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Which statement describes a strong U.S. dollar? The exchange rate between the U.S. dollar and the yen changes from 1:95 to 1:102. The exchange rate between the U.S. dollar and the euro changes from 1:95 to 1:92. The exchange rate between the U.S. dollar and the euro remains 1:95.

Sagot :

lrathburn
The exchange rate between the U.S. dollar and the euro changes from 1:95 to 1:92 describes a strong United States dollar.
millermoldwarp

Correct answer:

The exchange rate between the U.S. dollar and the euro changes from 1:95 to 1:92.

In the first statement despite having a change from 1:95 to 1: 102 between the US dollar, does not describe a strong US dollar because the relationship is not growth. On the other hand, the change from 1:95 to 1:92 is a growth ratio between the change from dollar to euro. Staying at 1:95 does not mean either growth or a strong US dollar.

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.