Suppose the Exchange Rate of the British Pound Is $1

question 42

Multiple Choice

Suppose the exchange rate of the British pound is $1.75 per pound while the exchange value of the Swiss franc is $0.667 cents per franc.The cross exchange rate between the pound and the franc is:

• A).381 franc per pound
• B)1.167 francs per pound
• C)Cannot determine
• D)2.624 francs per pound

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A quality or state of being active, characterized by energetic actions or activities.

Flexibility

The ability to adapt to new, different, or changing requirements and situations with ease.

Reactiveness

The quality of responding to external stimuli or changes in the environment, typically characterized by adaptability or sensitivity.

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The condition or quality of meeting expectations or requirements; adequacy in performance or outcome.