The Table Given Below Reports the Inflation Rate in the U.S.and

question 55

Multiple Choice

The table given below reports the inflation rate in the U.S.and Canada for two years. Table 8.1
Refer to Table 8.1.Assume that the exchange rate is fixed at 1.4 CAD = $1 and that price changes for salmon are identical to the inflation rate in each country.If U.S.importers pay 10, 000 CAD for a trailer of Canadian salmon in year 1, what is the approximate price of that salmon in year 2, given that exchange rates do not change?

• A)$10, 360
• B)$14, 504
• C)$7, 400
• D)$7, 143
• E)$10, 000

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Definitions:

Behaviorists

Psychologists and researchers who study and emphasize the importance of observable behaviors and external stimuli, rather than internal thoughts or feelings, in understanding human and animal psychology.

Gender Role

Societal norms and expectations about the behaviors, attitudes, and activities deemed appropriate for males and females.

Nurture

In development, nurture includes all environmental influences that occur after conception, from the mother’s nutrition while pregnant to the culture of the nation.

Authoritative

A parenting style characterized by high expectations of maturity and communication from the parent to the child, combined with warmth and support.