How Will the Exchange Rate (Foreign Currency Per Dollar)respond to an Increase

question 70

Multiple Choice

How will the exchange rate (foreign currency per dollar) respond to an increase in the relative rate of productivity growth in Canada in the long run?

• A)Exchange rates will rise.
• B)Exchange rates will fall.
• C)Exchange rates will be unaffected by changes in the relative rate of productivity growth in Canada, both in the short run and in the long run.
• D)The exchange rate will be affected in the short run, but not in the long run.

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Definitions:

Shoe Linings

The material attached to the brake shoe that comes into contact with the brake drum or rotor to create the friction needed for stopping.

Master Cylinder

The part of a hydraulic brake system that receives input force through a pushrod when the driver presses on the brake pedal. The pistons inside the master cylinder move forward, pressurizing fluid in the brake lines, which connect to the output pistons at the wheel brakes. Hydraulic clutch systems use a single piston master cylinder to activate the slave cylinder.

Hard Spots

Refers to areas within a material or mechanism that are more resistant to pressure or movement than the surrounding areas.

Over-heating

A condition where an engine or device exceeds its normal operating temperature, potentially causing damage or failure.