In June 2008, $1 Bought 0

question 176

Multiple Choice

In June 2008, $1 bought 0.5 pounds and in October, $1 bought 0.65 pounds. As a result of this change, ________ between June and October.

• A) the demand for dollars increased
• B) the dollar appreciated and the quantity of dollars demanded decreased
• C) the dollar depreciated and the quantity of dollars demanded decreased
• D) the demand for dollars decreased

Analyze the strategies for managing receivables and the implications on cash flow.

Understand the absolute value concept and compute the absolute value of real numbers.

Identify rational and integer numbers within sets.

Understand and apply the concept of the distance between numbers on the real number line.