Multiple Choice
The following table provides nominal exchange rates for the U.S. dollar. Based on these data, the nominal exchange rate equals approximately ______ zloty per South African rand or, equivalently, ______ rand per Polish zloty.
A) 1.590; 0.629
B) 0.629; 1.590
C) 0.021; 47.640
D) 47.640; 0.021
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Each of the following would decrease the
Q18: An increase in the nominal exchange rate,
Q21: When the Fed eases U.S. monetary policy,
Q33: If the exchange rate moves from 10
Q42: As U.S.real GDP rises, wealthier households may
Q46: Someone who wants both the U.S.dollar to
Q83: Tight monetary policy raises the real interest
Q112: The exchange rate that equates the quantities
Q116: Each of the following would increase the
Q137: If a certain automotive part can be