If the Cost of a Typical Basket of Goods in the U.S

question 109

Multiple Choice

If the cost of a typical basket of goods in the U.S. is $100 and in France it is 400 euros, and the nominal exchange rate is 2 euro per dollar, what is the real exchange rate?

• A) 0.5.
• B) 1.0.
• C) 1.5.
• D) 2.0.

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Definitions:

Mitosis

Cell division resulting in two daughter cells with exactly the same number and type of chromosomes as the mother cell.

Graafian Follicle

A mature ovarian follicle that contains a fully matured ovum, or egg.

Antrum

A cavity or chamber, often within a bone or a hollow organ, such as the stomach.

Secondary Oocyte

An immature egg cell that forms from a primary oocyte after the first meiotic division but before the second division is completed, arrested in metaphase II until fertilization.