-The Table Above Shows the Exchange Rates Between Various Currencies

$$\begin{array} { | l | l | l | } \hline \text { Currency } & \begin{array} { l } 2007 \text { exchange rate } \\\text { (per U } \mathcal { S } \text {. dollar) }\end{array} & \begin{array} { l } 2008 \text { exchange rate } \\\text { (per U.S. dollar) }\end{array} \\\hline \text { Euro } & 0.9954 & 1.0747 \\\hline \begin{array} { l } \text { Japanese } \\\text { yen }\end{array} & 102.20 & 114.90 \\\hline \begin{array} { l } \text { Canadian } \\\text { dollar }\end{array} & 1.44 & 1.50 \\\hline\end{array}$$
-The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2007 and 2008, the U.S. dollar_________ against the euro and _________against the Japanese yen.

A) depreciated; appreciated
B) depreciated; depreciated
C) appreciated; appreciated
D) appreciated; depreciated

Correct Answer:

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