The following table shows the number of U.S. dollars required to buy one British

Question

The following table shows the number of U.S. dollars required to buy one British pound between February 1, 2016, and September 1, 2016. Use this table to answer the following questions. U.S. Dollars Required to Buy 1 British Pound Date February 1, 2016 1.429 March 1, 20161.425 April 1, 2016 May 1, 2016 June 1, 2016 July 1, 2016 August 1, 20161.310 September 1, 2016 1.314 1.432 1.452 1.420 1.313 Between June 1, 2016, and August 1, 2016, the U.S. dollar the British pound, and the British pound -against against the U.S. dollar. depreciated; appreciated appreciated; depreciated appreciated; appreciated depreciated; neither appreciated nor depreciated neither appreciated nor depreciated; neither appreciated nor depreciated

Explanation / Answer

Answer
option first
The value of dollar decreased against pound from June to August
so the dollar is depreciated against pound and pound is appreciated against US dollar

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