Answer:b
Explanation:because i took the test
Answer:
The correct option is A such that the Dollar depreciated against the Euro.
Explanation:
As the options are not given in the question, they are found online and are as below:
A) The dollar depreciated against the euro.
B) The dollar appreciated against the euro.
C) There was no change in the dollar-euro rate because expectations adjusted.
D) There was no change in the dollar-euro rate because real interest rates were unchanged.
The correct option is A such that the Dollar depreciated against the Euro.
This is because the US Federal Reserve lowered the interest rates lower than the European Central Bank which led to the depreciation in the dollar rate against the euro.
Making a thing or person American.
