1. Use the following information to answer (a)-(c): U.S. Dollar Equivalent Currency per U.S. Dollar Thurs. Fri. Thurs. Fri. Russia (ruble) 0.0318 0.0317 31.4190 31.5290 Brazil (real) 0.3569 0.3623 2.8020 2.7601 India (rupee) 0.0204 0.0208 48.9100 47.8521 a. Between Thursday and Friday, did the U.S. dollar appre- ciate or depreciate against the Russian ruble? b. Between Thursday and Friday, did the U.S. dollar ciate or depreciate against the Brazilian real? c. Between Thursday and Friday, did the U.S. dollar ciate or depreciate against the Indian rupee? аppre- аppre-

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Chapter1: Making Economics Decisions
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1. Use the following information to answer (a)-(c):
Currency per
U.S. Dollar
U.S. Dollar
Equivalent
Thurs.
Fri.
Thurs.
Fri.
Russia (ruble)
0.0318
0.0317
31.4190 31.5290
Brazil (real)
0.3569
0.3623
2.8020
2.7601
India (rupee)
0.0204
0.0208
48.9100 47.8521
a. Between Thursday and Friday, did the U.S. dollar appre-
ciate or depreciate against the Russian ruble?
b. Between Thursday and Friday, did the U.S. dollar
ciate or depreciate against the Brazilian real?
c. Between Thursday and Friday, did the U.S. dollar
ciate or depreciate against the Indian rupee?
appre-
аppre-
Transcribed Image Text:1. Use the following information to answer (a)-(c): Currency per U.S. Dollar U.S. Dollar Equivalent Thurs. Fri. Thurs. Fri. Russia (ruble) 0.0318 0.0317 31.4190 31.5290 Brazil (real) 0.3569 0.3623 2.8020 2.7601 India (rupee) 0.0204 0.0208 48.9100 47.8521 a. Between Thursday and Friday, did the U.S. dollar appre- ciate or depreciate against the Russian ruble? b. Between Thursday and Friday, did the U.S. dollar ciate or depreciate against the Brazilian real? c. Between Thursday and Friday, did the U.S. dollar ciate or depreciate against the Indian rupee? appre- аppre-
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