Cross Rate Given These Two Exchange Rates,$1 = 1

question 79

Multiple Choice

Cross Rate Given these two exchange rates,$1 = 1.3254 Australian dollars and $1 = £0.5233,compute the cross rate between the Australian dollars and the pound.State this exchange rate in Australian dollars and in pounds.

• A)A$2.5329, 0.3948 pounds
• B)A$0.3948, 2.5329 pounds
• C)A$0.3948, 0.6936 pounds
• D)A$0.6936, 0.3948 pounds

Understand the sources of government revenue and how tax policies affect different income groups.

Recognize the dynamics of government expenditure, including defense, Social Security, and public goods.

Analyze how government spending and taxation interact to influence the economy.

Understand the impact of specific taxes, such as excise taxes on consumer goods.

---

Definitions:

Function

A self-contained block of code that performs a specific task and can be reused throughout a program.

Execution

The process of running a computer program or a specific part of the program.

Static Arrays

Static arrays are arrays whose size is fixed at compile-time, and they cannot be resized during program execution.

Global Arrays

Arrays that are declared outside of functions and are accessible by any part of the program.