The exchange rate is
A. the price of one currency relative to gold.
B. the value of a currency relative to inflation.
C. the change in the value of money over time.
D. the price of one currency relative to another.
Answer:D
The exchange rate is
A. the price of one currency relative to gold. B. the value of a currency relative to inflation. C. the change in the value of money over time. D. the price of one currency relative to another.