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

question 127

Multiple Choice

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

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

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Definitions:

Senior Executives

High-level managers or officers within an organization who have significant responsibility for managing, decision-making, and strategizing across the entire company.

Stress Management

Techniques and strategies used to control an individual's level of stress, enhancing their ability to cope with challenges in a healthy manner.

Breaking Routines

The process of changing habitual actions or patterns to encourage innovation or adaptability.

Resistance Change

Opposition or pushback by individuals or groups within an organization against changes that are perceived as harmful or unnecessary.