Which of the Following Changes in the Exchange Rate Represents

question 142

Multiple Choice

Which of the following changes in the exchange rate represents an appreciation of the dollar?

• A) 100 yen = $1 to 90 yen = $1
• B) 1 yen = $.10 to 1 yen = $.08
• C) 1 peso = $10 to 1 peso = $11
• D) 200 francs = $10 to 190 francs = $10

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Definitions:

Referent Power

The ability to influence others based on their admiration, respect, or desire to identify with the influencer.

Leader's Approval

The endorsement, positive assessment, or support given by a leader to their subordinate or their decision.

Admire

To regard someone or something with respect, appreciation, or warm approval.

Legitimate Power

The authority and power wielded by an individual or entity as a result of their role or position within a hierarchy or organizational structure.