Question: The exchange rate, S ( AUD / USD ) , rises from 0 . 5 2 to 0 . 5 6 . Then the _

The exchange rate, S(AUD/USD), rises from 0.52 to 0.56. Then the ________
Question 1Answer
a.
USD has depreciated by 7.1%.
b.
AUD has depreciated by 7.1%.
c.
USD has appreciated by 7.1%.
d.
AUD has appreciated by 7.1%.

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