A Depreciation in the Value of the U

question 12

Multiple Choice

A depreciation in the value of the U.S. dollar would

• A) encourage foreigners to travel on American owned airlines.
• B) make U.S. goods more expensive to foreign consumers.
• C) decrease the number of dollars it takes to buy a Swiss franc.
• D) make it more expensive for U.S. citizens to travel abroad.

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its income before interest and taxes.