You Can Exchange $1 for Either C$1

question 30

Multiple Choice

You can exchange $1 for either C$1.2381 or ¥100.37. What is the cross rate between the Canadian dollar and the Japanese yen?

• A) C$.012335/¥1
• B) C$.013723/¥1
• C) C$.014582/¥1
• D) CS124.2681/¥1
• E) C$131.0818/¥1

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Definitions:

Cognitive Rigidity

The tendency to be closed to new ideas or approaches; difficulty in changing mental frameworks or strategies.

Rumination

Focusing on one’s personal concerns and feelings of distress repetitively and passively.

Perfectionism

The need to be or appear to be perfect, or even to believe that it's possible to achieve perfection.

Problem Solving

The process of identifying a problem, finding possible solutions, and then implementing a solution to address the identified problem.