The Table Given Below Reports the Inflation Rate in the U.S

question 94

Multiple Choice

The table given below reports the inflation rate in the U.S. and Canada for two years.
Table 8.1
$\begin{array}{|c|c|c|}\hline & \text { United States } & \text { Canada } \\\hline \text { Inflation Rate (year 1) } & 0 \% & 0 \% \\\hline \text { Inflation Rate (year 2) } & 0 \% & 3.6 \% \\\hline\end{array}$
-Refer to Table 8.1. Assume that the exchange rate is fixed at 1.4 CAD = $1 and that price changes for salmon are identical to the inflation rate in each country. If U.S. importers pay 10,000 CAD for a trailer of Canadian salmon in year 1, what is the approximate price of that salmon in year 2, given that exchange rates do not change?

• A) $10,360
• B) $14,504
• C) $7,400
• D) $7,143
• E) $10,000

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Definitions:

Diagnosis Codes

Numeric or alphanumeric codes used to classify and document diseases, disorders, conditions, and injuries.

Principal Diagnosis

The primary condition that, after study, is established as chiefly responsible for a patient's hospital stay or medical visit.

Amoxicillin

A widely-used antibiotic belonging to the penicillin group, effective against a variety of bacterial infections.

Principal Diagnosis

The condition determined after study to be chiefly responsible for occasioning the patient's admission to the hospital for care.