In the market for Canadian dollars measured in US dollars, if the price of a Canadian dollar is 0.90 cents US, a US dollar is

a. 0.90 cents Canadian
b. 1 Canadian dollar
c. 1.11 Canadian dollars
d. 1.05 Canadian dollars

c

Economics

You might also like to view...

If the price level increases, then there will be

a. a movement upward along the AD curve b. a downward movement along the AD curve c. an AD curve shift to the right d. an AD curve shift to the left e. an AS curve shift to the right

Economics

Most countries in the world have Gini coefficients ranging from:

A. 0.30 to 0.40. B. 0.25 to 0.60. C. 0.20 to 0.85. D. 0.10 to 0.50.

Economics