Use the Following to Answer Questions

question 235

Multiple Choice

Use the following to answer questions :
Scenario: Exchange Rate between the United States and India
Suppose that initially the nominal exchange rate was 40 rupees per dollar but it is now 50 rupees per dollar.
-(Scenario: Exchange Rate between the United States and India) Consider the scenario Exchange Rate between the United States and India. The real exchange rate will change by the greatest amount when the U.S. inflation rate is _____and the Indian inflation rate is _____.

• A)zero; zero
• B)5%; 2%
• C)2%; 12%
• D)5%; 5%

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Definitions:

Intrinsic Motivation

A drive to engage in activities for their own sake, due to internal rewards like satisfaction and joy, rather than for external rewards.

Schoolwork

Tasks assigned by teachers, intended to be completed by students outside of class, to reinforce learning.

Algorithm

A step-by-step procedure or formula for solving a problem or completing a task, often used in computing and mathematics.

Availability Heuristic

An intellectual quick path that is based on the prompt examples that surface in an individual's memory when thinking about a certain topic, idea, approach, or decision.