If the Exchange Rate Is 8 Yuan Per U

question 180

Multiple Choice

If the exchange rate is 8 yuan per U.S. dollar, the U.S. price index is 145, and the Chinese price index is 206, the real exchange rate is _____ yuan.

• A) 11.36
• B) 7.62
• C) 5.63
• D) 0.08

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Definitions:

Autonomy

The state of being self-governed or having the freedom to act independently, often applied in the context of workers and units within organizations.

Distributors

Entities that purchase products from manufacturers and sell them to retailers or consumers, acting as intermediaries in the supply chain.

Labor Unions

Organizations that represent the collective interests of workers in negotiations with employers over wages, work conditions, and rights.