If the exchange rate of the Swiss franc is 1.61 francs per dollar, then the Swiss franc is worth about
a. 15 cents.
b. 57 cents
c. 62 cents.
d. $15.70.
c
You might also like to view...
Which of the following is most likely a quote from the economist John Maynard Keynes?
a. “[Economics] is a doctrine rather than a method, an apparatus of the mind, a technique of thinking, which helps its possessor to draw correct conclusions.” b. “[Economics] is neither a method nor a doctrine, an apparatus of the mind, a technique of thinking, which helps its possessor to draw correct conclusions.” c. “[Economics] is a method rather than a doctrine, an apparatus of the mind, a technique of thinking, which helps its possessor to draw correct conclusions.” d. “[Economics] is both a method and a doctrine, an apparatus of the mind, a technique of thinking, which helps its possessor to draw correct conclusions.”
Which of the following are the constituent accounts of the Balance of Payments?
(a) Current account, deposit account and capital account; (b) Trade account, merchandise account and overdrafts; (c) Current account, capital account and financial account; (d) Financial account, primary account and secondary account.
A budget will
A) improve your credit standing so you can use borrowing to increase your current consumption. B) All of the above. C) help you focus on those expenditures that you value highly relative to cost. D) make it more attractive for you to buy a car every couple of years.
A change in consumer taste will prompt a change in _____.
Fill in the blank(s) with the appropriate word(s).