Other Things the Same, If the Exchange Rate Changes from .30

question 62

Multiple Choice

Other things the same, if the exchange rate changes from .30 Kuwaiti dinar per dollar to .35 Kuwaiti dinar per dollar, then the dollar has

• A)appreciated and so buys more Kuwaiti goods.
• B)appreciated and so buys fewer Kuwaiti goods.
• C)depreciated and so buys more Kuwaiti goods.
• D)depreciated and so buys fewer Kuwaiti goods.

---

Definitions:

Form I-9

A United States Citizenship and Immigration Services form used by employers to verify an employee's identity and eligibility to work in the U.S.

New Employee

A new employee is an individual who has been newly hired to perform specific duties and responsibilities under an employment contract or agreement.

Hire

The act of engaging the services of a person or the use of an object or equipment, typically in exchange for payment.

United States

A country in North America consisting of 50 states, a federal district, and several territories, known for its diverse geography and multicultural population.