-The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the Japanese yen ________ against the U.S dollar and the Euro ________ against the U.S. dollar.
A) appreciated; appreciated
B) depreciated; appreciated
C) depreciated; depreciated
D) appreciated; depreciated

Question

-The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the Japanese yen ________ against the U.S dollar and the Euro ________ against the U.S. dollar.
A) appreciated; appreciated 
B) depreciated; appreciated 
C) depreciated; depreciated 
D) appreciated; depreciated

Quizplus · Accepted Answer

The Japanese yen depreciated against the U.S. dollar because its value decreased from 120.81 yen per U.S. dollar in 2015 to 113.37 yen per U.S. dollar in 2016. The Euro appreciated against the U.S. dollar because its value increased from 0.91 euros per U.S. dollar in 2015 to 0.94 euros per U.S. dollar in 2016.

-The Table Above Shows the Exchange Rates Between Various Currencies