If the C$ Weakens by 2½% Relative to the US

question 22

Multiple Choice

If the C$ weakens by 2½% relative to the US$ (US$1.00 = C$1.0339) , what will be the new value for the US$ per C$1.00?

• A) US$0.8146 per C$1.00
• B) US$0.9430 per C$1.00
• C) US$0.8665 per C$1.00
• D) US$1.0339 per C$1.00
• E) US$0.8651 per C$1.00

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Definitions:

Smooth Flow

The unimpeded progress or movement of something, ensuring continuity and efficiency.

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a technique where group members generate ideas individually to avoid influence from others.

Brainstorming Literature

Literature that provides insights or methods on generating ideas and solutions through collective discussion or thought processes.

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The act of transferring information from one place, person, or group to another, through speaking, writing, or using some other medium.