Question

Question 3

A US Dollar buys more Great Britain Pounds than it used to. The Great Britain Pound is said to
Choose the TWO correct answers.
appreciate in vaue
depreciate in value
be a stronger currency
be a weaker currency

Answer 1

Depreciate in value, be a weaker currency

Step-by-step explanation:

Depreciation in value means that it is going down in value. you can buy less for the same amount of money today that you could buy last year for example.

Being a weaker currency means that in comparison to other currencies around the world the weaker one has less value. So today 1 USD is worth 0.77 British pounds, but if reversed then the pound would be a weaker currency.