The current us dollar to euro exchange rate is 1 euro = us $1.30 (or us $1 = 0.77 euro). if the us dollar strengthens (appreciates) by 10% against the euro, the new exchange will be

1 Euro = $1.30 USD or $1.00 USD = 0.77 Euro (this means more US Dollar is needed in exchange with Euro and lesser  amount of Euro is needed in exchange with US Dollar)

US dollars strengthens by 10% compared to Euro.

1Euro = $1.30 USD --> $1.30*0.10 = 0.13 --> $1.30-0.13 = $1.17

$1.00 USD = 0.77 Euro --> 0.77*0.10 = 0.077 --> 0.77+0.077 = 0.847 Euro or 0.85 Euro

The new exchange rate will be 1 Euro = $1.17 USD or $1.00 USD = 0.85 Euro (this means that US economy is performing well, thus lesser US Dollar is needed in exchange with Euro and more Euro is needed in exchange with US Dollar)

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

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