Which Nation Took the Bold Step of Abandoning Its Own

question 8

Multiple Choice

Which nation took the bold step of abandoning its own currency and adopting the U.S. dollar?

• A) China
• B) India
• C) Mexico
• D) Ecuador

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Definitions:

Population Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of data values for the entire population.

Ounces

A unit of weight in the United States customary and British imperial systems, equal to 1/16 of a pound.

Margin of Error

The amount of error allowed in a survey or experiment results, expressing the confidence in the reliability of the data.

Confidence Level

The degree of certainty, often expressed as a percentage, that a parameter lies within a specified range.