How Is a Scale of 1:24 000 Regarded with Respect

question 74

Multiple Choice

How is a scale of 1:24 000 regarded with respect to size?

• A)As a large scale.
• B)As a small scale compared to a scale of 1:20 900 000.
• C)As an intermediate scale.
• D)As a scale appropriate for a world globe.

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Definitions:

Foreign Exchange Rate

The price of one currency in terms of another.

Exchange Rate

The value of one currency for the purpose of conversion to another.

Gold Standard

A monetary system in which a country's currency or paper money has a value directly linked to gold, providing stability and confidence in the currency's value.

Self-Correcting Mechanism

In economics, a self-correcting mechanism refers to the natural adjustment of markets in response to imbalances, restoring them to equilibrium without outside intervention.