What Is to the Proper Number of Significant Figures

question 56

Multiple Choice

What is to the proper number of significant figures?

• A) 0.91
• B) 0.911
• C) 0.9108
• D) 0.9

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Definitions:

Nominal Exchange Rate

The rate at which one currency can be exchanged for another without adjusting for inflation, representing the current market price.

Schillings

A former unit of currency in Austria before the euro and also used in several other countries historically.

Purchasing-Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach to determine exchange rates.

Dollar Appreciated

A situation where the value of the US dollar increases relative to other currencies, making foreign goods and services cheaper for Americans.