The Following Table Provides Nominal Exchange Rates for the U

question 96

Multiple Choice

The following table provides nominal exchange rates for the U.S.dollar. $$\begin{array} { l c c } \underline { \text { Country } }& \underline { \text { Foreign currency/dollar }} & \underline { \text { Dollar/foreign currency }} \\\text { Switzerland (franc) } & 1.730 & .578 \\\text { Brazil (real) } & 1.821 & .549\end{array}$$
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:

20th Century

A period extending from January 1, 1901, to December 31, 2000, marked by significant global changes in politics, technology, and culture.

United States

A country located in North America, characterized by a federal republic form of government consisting of 50 states and a federal district.

Morbidity Rate

A measurement of illness or disease frequency within a specific population during a particular time period, often presented as the proportion of individuals affected.

Mortality Rate

A measure of the frequency of occurrence of death in a defined population during a specified interval of time.