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If the Number of US$ Per C$1

question 168

Short Answer

If the number of US$ per C$1.00 declines from 0.9721 to 0.9685, what will be the change in the C$ price per ounce of gold which a Canadian gold mine sells at the international price of US$1392 per ounce?


Definitions:

Overemphasized

To give too much importance or emphasis to something, potentially skewing perspective or interpretation.

Ignored

The act of deliberately paying no attention or giving no recognition to someone or something.

Kind-hearted

Having a caring, compassionate, and benevolent nature or disposition towards others.

Attribution

The process by which individuals explain the causes of behavior and events, typically as either internal dispositions (traits, intentions) or external situations.

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