Refer to the Following Table When Answering
Table

question 97

Multiple Choice

Refer to the following table when answering
Table 20.1: Annual Average Exchange Rates: 1999-2012
(Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
$\begin{array}{|l|c|c|c|c|c|c|c|}\hline \text { Year } & \$ \text { US } / \text { Euro } & \$ \text { US } / E U K & \text { Yen } / \$ \text { US } & \text { Peso/\$US } & \$ \mathrm{CAN} / \$ \mathrm{WUS} & \$ \mathrm{AUS} / \$ U S & \text { swiss franc/\$us}\\\hline 1999 & 1.065 & 1.617 & 113.730 & 9.553 & 1.486 & 0.645 & 1.505 \\\hline 2001 & 0.895 & 1.440 & 121.570 & 9.337 & 1.549 & 0.517 & 1.689 \\\hline 2003 & 1.132 & 1.635 & 115.940 & 10.793 & 1.401 & 0.652 & 1.345 \\\hline 2005 & 1.245 & 1.820 & 110.110 & 10.894 & 1.212 & 0.763 & 1.246 \\\hline 2007 & 1.371 & 2.002 & 117.760 & 10.928 & 1.073 & 0.839 & 1.200 \\\hline 2009 & 1.394 & 1.566 & 93.680 & 13.498 & 1.141 & 0.793 & 1.086 \\\hline 2011 & 1.393 & 1.604 & 79.700 & 12.427 & 0.989 & 1.033 & 0.886 \\\hline 2012 & 1.286 & 1.585 & 79.820 & 13.154 & 1.000 & 1.036 & 0.938 \\\hline\end{array}$
-Consider Table 20.1. According to the table, in 1999, one peso buys ________ Swiss francs.

• A) 7.17
• B) 0.16
• C) 1.04
• D) 2.33
• E) 6.35

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