Which Statements Are True? If the Exchange Rate Changes from C$1

question 109

Multiple Choice

Which statements are true? If the exchange rate changes from C$1 = US$1.10 to C$1 = US$0.90, then the:
1) Canadian dollar depreciated against the U.S. dollar.
2) Canadian dollar appreciated against the U.S. dollar.
3) U.S. dollar depreciated against the Canadian dollar.
4) U.S. dollar appreciated against the Canadian dollar.

• A) 1 and 3
• B) 1 and 4
• C) 2 and 3
• D) 2 and 4
• E) 1 only

Recognize the role of leadership in transforming businesses into learning organizations.

Comprehend the importance of performance in society's economic development and growth.

Understand the concept of globalization and its impact on labor markets and business.

Recognize the importance and implications of technology in the new economy.

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Definitions:

Halo Effect

A cognitive bias in which the perception of one positive quality in a person or thing influences the perception of other qualities.

Rating

The process of assessing or evaluating something based on a set standard or scale.

Training

A systematic approach to enhance the knowledge, skills, and competencies of employees to improve their job performance.

Rater Errors

Biases or inaccuracies that occur when individuals are evaluating or assessing others' performances or traits.