Other Things the Same, If the Exchange Rate Changes from .30

question 62

Multiple Choice

Other things the same, if the exchange rate changes from .30 Kuwaiti dinar per dollar to .35 Kuwaiti dinar per dollar, then the dollar has

• A)appreciated and so buys more Kuwaiti goods.
• B)appreciated and so buys fewer Kuwaiti goods.
• C)depreciated and so buys more Kuwaiti goods.
• D)depreciated and so buys fewer Kuwaiti goods.

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Definitions:

Oil Filter Crusher

A device used to crush oil filters, extracting the used oil and allowing for the metal parts to be recycled.

Refractometer

A tool used to measure the specific gravity of a liquid, such as coolant or battery acid. Light passing through the tool refracts based on the liquid the light passes through. Results are shown on a scale.

Hydrometer

An instrument used to measure the specific gravity of liquids, commonly used in battery maintenance.

Coolant Pressure Tank

A component in a vehicle's cooling system that holds pressurized coolant and helps maintain proper pressure levels within the system.