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Use the figure below to answer the following questions. Figure 3.4.2
-The equilibrium price in the market illustrated by Figure 3.4.2 is
Exchange Rate
The value assigned to one currency when trading for another.
Units
A fundamental quantity used in mathematics and science to measure variables.
C$ Weakens
A situation in which the Canadian dollar decreases in value relative to other currencies.
US$ Per C$
The exchange rate that defines how much one Canadian dollar (C$) is worth in United States dollars (US$).
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