If 1 euro = $1.35 on June 4 and $1.40 on June 5,the value of the dollar has risen.

Name: If 1 euro = $1.35 on June 4 and $1.40 on June 5,the value of the dollar has risen.
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

If the value of the dollar had risen, the euro would have been worth less in comparison. Since the value of the dollar has fallen in this example, it would have hypothetically taken more U.S. dollars to buy a "euro's worth" of goods.

If 1 Euro = $1