If the Foreign Exchange Rate Is 70 Cents for One

question 249

Multiple Choice

If the foreign exchange rate is 70 cents for one Swiss franc, then

• A) a car that costs 40,000 francs will cost $7,143.00.
• B) a wine that costs 200 francs will cost $14.00.
• C) a clock that costs 500 francs will cost $350.00.
• D) a house that costs 100,000 francs will cost $700,000.00.

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Definitions:

White Males

A demographic group identified by race (white) and gender (male), often discussed in contexts of privilege and social dynamics.

Nonagricultural Workers

Individuals employed in sectors other than agriculture, such as manufacturing, services, or technology.

Unions

Organizations that represent the collective interests of workers in negotiations with employers over wages, working conditions, and benefits.

Human Relations School

A management approach emphasizing social relations at work, employee well-being, and motivation.