If One USDollar Could Be Exchanged for One Canadian Dollar in 1970

question 111

Multiple Choice

If one U.S.dollar could be exchanged for one Canadian dollar in 1970, and one U.S.dollar can now be exchanged for 1.13 Canadian dollars, which of the following is true?

• A)The U.S.dollar lost value against the Canadian dollar.
• B)The Canadian dollar lost value against the U.S.dollar.
• C)The Canadian dollar gained value against the U.S.dollar.
• D)Inflation has been higher in the US than in Canada.
• E)Both A and C are true.

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Definitions:

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A disorder caused by damage to parts of the brain responsible for language, affecting speaking, reading, writing, or understanding language.

Prefrontal Cortex

The front part of the frontal lobes of the brain, involved in complex cognitive behavior, personality expression, decision making, and moderating social behavior.

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A set of cognitive processes including working memory, flexible thinking, and self-control, that are necessary for managing oneself and one's resources to achieve a goal.