If the Nominal Exchange Rate Is 0

question 147

Multiple Choice

If the nominal exchange rate is 0.976 Swiss francs per dollar,and is 1.939 Brazilian reals per Swiss franc,then there are _________ Brazilian reals per dollar.

• A) 0.976
• B) 0.609
• C) 1.892
• D) 1.678
• E) 1.939

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Definitions:

Catastrophic Thinking

A mental process where someone believes an event or situation to be much more severe than it really is, based on illogical thinking.

Defensive Coping

A psychological strategy employed to reduce stress and anxiety by avoiding or mitigating the perception of threats or issues, rather than directly addressing them.

Constant Stimulus

A static or unchanging factor in an experimental setup used to evoke a response in participants, allowing for the measurement of psychological or physiological reactions.

Comfortable Position

A physical stance or posture in which one feels relaxed, at ease, and free from pain or stress.