The Following Table Provides Nominal Exchange Rates for the U

question 27

Multiple Choice

The following table provides nominal exchange rates for the U.S. dollar. $\begin{array}{lcc}\text { Country } & \text { Foreign currency/dollar } & \text { Dollar/foreign currency } \\\text { Switzerland (franc) } & 1.730 & .578 \\\text { Brazil (real) } & 1.821 & .549\end{array}$ Based on these data, the nominal exchange rate equals approximately ______ reals per Swiss franc or, equivalently, ______ Swiss francs per real.

• A) 1.053; 0.950
• B) 0.950; 1.053
• C) 0.282; 3.551
• D) 3.551; 0.282

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Definitions:

Group Productivity

The measure of the output or performance level of a group working together towards common objectives.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone in the group and seeks to reduce the influence of dominant individuals.

Evaluation Apprehension

The fear or anxiety about being judged by others, which can affect performance and behavior in social situations.

Brainstorming

Brainstorming is a technique or process used for generating creative ideas and solutions through spontaneous and free-flowing group discussion.