Exchange Rates Table YEAR 2014 2015 2016 $1 $1 $1 Canadian $ 1.25 1.35 1.45 British Pound .85 .7 .6 Mexican Peso 9 10 16 Based on the Exchange rates above, which currency has become stronger or appreciated against the doll US Dollar British Pound Mexiacn Peso Canadian Dollar
Exchange Rates Table YEAR 2014 2015 2016 $1 $1 $1 Canadian $ 1.25 1.35 1.45 British Pound .85 .7 .6 Mexican Peso 9 10 16 Based on the Exchange rates above, which currency has become stronger or appreciated against the doll US Dollar British Pound Mexiacn Peso Canadian Dollar
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
In the picture below is the table to the question. The highlighted one is my guess which is wrong.
Based on the Exchange rates above, which currency has become stronger or appreciated against the dollar?
A)US Dollar
B)British Pound
C)Mexican Peso(this one is wrong)
D)Candian Dollar

Transcribed Image Text:Exchange Rates Table
YEAR
2014 2015 2016
$1
$1
$1
Canadian $
1.25 1.35 1.45
British Pound .85
.7
.6
Mexican Peso 9
10
16
Based on the Exchange rates above, which currency has become stronger or appreciated against the dollar?
US Dollar
British Pound
Mexiacn Peso
Canadian Dollar
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