​A Widget Costs $1000 in the US and CAD$1200 in Canada.The

question 64

Multiple Choice

​A widget costs $1000 in the US and CAD$1200 in Canada.The current exchange rate is 1USD=1.09CAD.Given purchasing power parity,the Canadian dollar would_______to equilibrate prices

• A)​Appreciate
• B)Depreciate
• C)Not change
• D)​None of the above

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Definitions:

Bacteria

Microscopic, single-celled organisms found in virtually all environments, some of which can cause disease.

Water Table

The level below which the ground is saturated with water, an important concept in hydrology and environmental science.

Aquifer

Porous rock layer that holds some groundwater.

Surface Water

Water that is found on the surface of the earth, such as rivers, lakes, and ponds, as opposed to groundwater.