The Spot Exchange Rate of British Pound(£)is $1

question 34

Multiple Choice

The spot exchange rate of British pound(£) is $1.6000/£.The annual inflation rate in US$ is 4% and 8% in the United Kingdom.What will be the anticipated exchange rate at the end of the year if PPP is valid?

• A) $1.5407/£
• B) $1.6466/£
• C) $1.6000/£
• D) $1.6480/£

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Definitions:

Output Retarder

Hydraulic driveline brakes mounted on the rear a transmission, designed to apply retarding force directly to the driveline.

Engine Rpm

Revolutions per minute of the engine crankshaft, measuring the engine's speed and operational status.

Braking Cycles

The repetition of applying and releasing brakes over time, affecting their performance and wear.

Allison Transmission

A manufacturer known for producing automatic transmissions for medium and heavy-duty commercial vehicles, as well as military vehicles.