If in Chicago, U

question 323

Multiple Choice

If in Chicago, U.S., the interest rate is 5 percent a year and in Vancouver, Canada, it is 4 percent a year, then

• A) the quantity of Canadian dollars purchased will increase.
• B) the Canadian dollar is expected to depreciate.
• C) interest rate parity does not exist.
• D) the U.S. dollar is expected to depreciate.

---

Definitions:

IQ Scores

Numerical measures of an individual's intelligence relative to a statistically normal curve, typically based on standardized testing.

Educationally Disadvantaged

Refers to individuals who have not achieved their educational potential due to various barriers including socioeconomic status, disability, or lack of access to quality education.

Head Start Program

A federal program in the United States that promotes the school readiness of children under 5 from low-income families through education, health, social, and other services.

School Achievement

The academic performance and outcomes of individuals or groups in educational settings, often measured by grades, test scores, and graduation rates.