Choose the Correct Statements

question 117

Multiple Choice

Choose the correct statements. 1.The exchange rate is the value of the Canadian dollar expressed in units of foreign currency per Canadian doll
2.The real exchange rate is the relative price of Canadian- produced goods and services to foreign- produced goo and services.
3.The exchange rate is a measure of the quantity of the real GDP of other countries that a unit of Canadian real G buys.
4.The exchange rate is the relative price of Canadian- produced goods and services to foreign- produced goods a services.

• A)Statements 1 and 3 are correct.
• B)Statements 3 and 4 are correct.
• C)Statements 2 and 4 are correct.
• D)Statements 1 and 2 are correct.
• E)Statements 2 and 3 are correct.

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Definitions:

360-Degree Feedback

A performance appraisal method where an employee receives feedback from supervisors, peers, subordinates, and customers.

Structured Interviews

Interview processes that use a set sequence of questions to ensure consistency and comparability of responses across interviewees.

Task Leadership

A leadership style focused on the organization, clarification, and distribution of tasks and objectives, as well as the coordination of individuals or team efforts to achieve specific goals.

Democratic Management Style

A leadership approach that involves making decisions based on the input of the whole team, fostering collaboration and shared responsibility.