Other Things the Same,if the Exchange Rate Changes from 75

question 41

Multiple Choice

Other things the same,if the exchange rate changes from 75 Algerian dinar per dollar to 72 Algerian dinar per dollar,the dollar has

• A)appreciated and so buys more Algerian goods.
• B)appreciated and so buys fewer Algerian goods.
• C)depreciated and so buys more Algerian goods.
• D)depreciated and so buys fewer Algerian goods.

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Definitions:

Age Misrepresentation

The act of deliberately falsifying one's age, usually for the purpose of gaining access to certain privileges or avoiding restrictions.

Insurance Application

The form or process through which a potential insured provides information for an insurance company to evaluate and decide on providing coverage.

Beneficiary Payment

A payment made to a person or entity designated to receive benefits from a contract, such as insurance policy or a will.

Surrender

A mutual agreement between a landlord and a tenant in which the lessee returns his or her interest in the premises to the landlord.