Figure 153 Alt Text for Figure 15

question 146

Multiple Choice

Figure 15.3 Alt text for Figure 15.3: In figure 15.3, a graph illustrates the quantity of bahts traded against the exchange rate.
Long description for Figure 15.3: The x-axis is labelled, quantity of bahts traded, with value 180 marked.The y-axis is labelled exchange rate, Canadian dollar against the baht, with value 0.03 marked.A straight line supply curve, S, slopes up from the bottom left corner to the top right corner.A straight line demand curve, D, slopes down from the top left corner to the bottom right corner.Curves S and D intersect at point (160, 0.30) , which is connected to the corresponding x and y-axes values with dotted lines.
-Refer to Figure 15.3.At what level should the Thai government peg its currency to the dollar to make Thai exports cheaper to Canada?

• A)greater than $.03/baht
• B)less than $.03/baht
• C)equal to $.03/baht
• D)$1/baht
• E)equal to $160/baht

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Definitions:

Absolute Threshold

The absolute threshold is the minimum intensity of stimulus that an individual can detect at least 50% of the time.

Just Noticeable Difference

The minimum level of stimulus intensity change needed to detect a difference between two stimuli.

Amplitudes

The height or strength of a wave signal, representing the magnitude of the fluctuation or displacement from a baseline.

Louder Sounds

Refers to sounds with a higher amplitude or volume, which are perceived as more intense to the listener.