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Pull the rope to appreciate or depreciate

Exercise and reference answers

Categories
  1. Appreciates
  2. Depreciates
Questions
  1. Answer
    Appreciates
    Question
    The currency strengthens.
  2. Answer
    Depreciates
    Question
    The currency weakens.
  3. Answer
    Appreciates
    Question
    It buys more foreign goods.
  4. Answer
    Depreciates
    Question
    The dollar from 2002 to 2008.
  5. Answer
    Depreciates
    Question
    It loses a quarter of its value.
  6. Answer
    Appreciates
    Question
    Imports become cheaper at home.
Instructions
Tap the side of the rope that each description belongs to.

Explanation

_Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 15 'Exchange Rates and International Capital Flows'_
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