The Strength of the U

question 93

Multiple Choice

The strength of the U.S. dollar relative to other currencies depends mainly on

• A) the rate of inflation in the United States.
• B) the performance of the U.S. economy relative to other economies.
• C) how much gold backs the money supply.
• D) exchange rate decisions made by the International Monetary Fund.

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Definitions:

Variability

The extent to which data points in a data set differ from each other and from the mean.

Range

The difference between the highest and lowest values in a data set.

Coefficient of Variation

A normalized measure of dispersion of a probability distribution, calculated as the ratio of the standard deviation to the mean, usually expressed as a percentage.

Variability

The extent to which data points in a dataset differ from each other and from the mean of the dataset.