Assume That the Dollar Price of a Basket of Good

question 180

Multiple Choice

Assume that the dollar price of a basket of good in the United States is $2 and the Mexican price of the same basket in the United States is 40 pesos.In addition,the Mexican price of the same basket in Mexico is 100 pesos.Given this information,the dollar price of the same basket in Mexico will be ________.

• A) $5
• B) $8
• C) $10
• D) $12

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Definitions:

Structured Interview

A formalized interview process where all candidates are asked the same predetermined set of questions.

Halo Effect

A cognitive bias in which the perception of one positive quality in a person or thing influences the perception of other qualities.

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The process of assessing or evaluating something based on a set standard or scale.

Training

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