If the Unit of Foreign Currency Is the Peso,in Which

question 75

Multiple Choice

If the unit of foreign currency is the peso,in which case is the real exchange rate 1.2?

• A)the U.S.price is $2,the foreign price is 5 pesos,and the exchange rate is 3 pesos per dollar.
• B)the U.S.price is $3,the foreign price is 18 pesos,and the exchange rate is 5 pesos per dollar.
• C)the U.S.price is $5,the foreign price 12 pesos,and the exchange rate is 2 pesos per dollar.
• D)the U.S.price is $10,the foreign price is 3 pesos,and the exchange rate is 4 pesos per dollar.

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Definitions:

Interrater Reliability

The level of agreement among multiple observers or raters of the same phenomenon or measurement.

Concurrent

Existing, happening, or done at the same time.

Test-Retest

A method used to assess the consistency of a measure by comparing the scores of the same participants on the same test administered at two different times.

Parallel Forms

A method of reliability assessment in psychometrics where two different versions of a test are used to measure the same construct, to check for consistency.