Suppose That the Following Situation Exists in the Foreign Exchange

question 97

Multiple Choice

Suppose that the following situation exists in the foreign exchange market: 1 Canadian dollar buys $1.05 U.S, and 1 Canadian dollar buys 8.6 Chinese yuan. How many yuan will $1 U.S. buy?

• A)8.6 yuan
• B)1.0 yuan
• C)8.2 yuan
• D)0.12 yuan
• E)0.14 yuan

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Definitions:

Unpredictable Ways

Patterns or outcomes that are not able to be foreseen or predicted due to a wide array of influencing factors.

Density Dependent

Refers to factors whose effects on the size or growth of a population vary with the population density, such as competition for resources.

Density Independent

Referring to effects on population growth that occur regardless of the population density, such as environmental stress or climate changes.

Disease

A condition that impairs normal functioning and is typically manifested by distinguishing signs and symptoms.