The Value of the Australian Dollar (A$) Today Is $0

question 17

Multiple Choice

The value of the Australian dollar (A$) today is $0.73. Yesterday, the value of the Australian dollar was $0.69. The Australian dollar ____ by ____ percent

• A)depreciated; 5.80
• B)depreciated; 4.00
• C)appreciated; 5.80
• D)appreciated; 4.00

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Definitions:

Federal Law

Legislation enacted by the national government or congress of a country.

Oral Agreement

A contract or agreement made through spoken communication and not formally recorded in writing.

Mutual Agency

A principle in partnership where each partner has the authority to bind the partnership in contracts and decisions related to the business's ordinary course.

Unlimited Life

Refers often to entities or corporations that have no predetermined duration for existence, allowing them to operate indefinitely.