Consider the Theoretical Cross Rate Between Swiss Francs and Japanese

question 47

Multiple Choice

Consider the theoretical cross rate between Swiss francs and Japanese yen on March 10, 2009. The spot exchange rate for the two currencies in American terms was $0.8647 per Swiss franc and $0.0101 per Japanese yen. Which of the below is TRUE?

• A) The number of units of yen per unit of Swiss franc is 85.61386 yen per Swiss franc.
• B) The number of Swiss francs exchangeable for one Japanese yen is 0.01168.
• C) Taking the reciprocal gives the number of Swiss francs exchangeable for one Japanese yen
• D) All of these

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Definitions:

Acetylcholine

A neurotransmitter involved in many functions including muscle contraction, sleep regulation, and the modulation of memory in the nervous system.

Neurotransmitter

Neurotransmitters are chemical messengers that transmit signals across the synaptic gap from one neuron to another, influencing mental function and behavior.

Dopamine

A neurotransmitter in the brain that plays a crucial role in reward, motivation, and motor control.

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A drug molecule is a chemical compound that has therapeutic effects or can be used in the development of pharmaceuticals.