Which Statement Concerning Vending Machines Is Not Correct

question 58

Multiple Choice

Which statement concerning vending machines is not correct?

• A) Newspapers and cigarettes account for a high percent of vending machine sales.
• B) Well-known brands and standardized nonfood items are best suited for vending machine sales.
• C) Eighty-five percent of vending machine sales involve hot and cold beverages and food items.
• D) Most vending machines still do not have dollar bill changers.

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Definitions:

International Monetary System

The framework of rules, institutions, and agreements by which countries exchange currencies and settle international financial transactions.

Flexible Exchange Rate

Rate determined in foreign exchange markets by the forces of demand and supply without government intervention.

Fixed Exchange Rate

A currency system where the value of a currency is pegged to another currency, a basket of currencies, or a physical commodity like gold.

Exchange Rate

The price of one currency in terms of another, determining how much foreign currency can be exchanged for a unit of domestic currency.