If One United States Dollar Could Be Exchanged for One

question 56

Multiple Choice

If one United States dollar could be exchanged for one Australian dollar in 1970, and one United States dollar can now be exchanged for 1.27 Australian dollars, which of the following is true?

• A)The United States dollar lost value against the Australian dollar.
• B)The Australian dollar gained value against the United States dollar.
• C)The Australian dollar lost value against the United States dollar.
• D)The United States dollar lost value against the Australian dollar; and the Australian dollar gained value against the United States dollar.

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Definitions:

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A document that accompanies a report or a document being sent, providing a summary of the contents and the purpose of sending.

Plagiarism

Passing off the words or ideas of others as one’s own.

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The process of identifying, documenting, and communicating issues within a project or organization to seek resolution.