If the foreign exchange rate is 70 cents for one Swiss franc, then

A) a car that costs 40,000 francs will cost $7,143.00.
B) a wine that costs 200 francs will cost $14.00.
C) a clock that costs 500 francs will cost $350.00.
D) a house that costs 100,000 francs will cost $700,000.00.

C

Economics

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If a number greater than the mean of a series of observations is added to the series, the new mean is:

A) smaller than the original mean. B) greater than the original mean. C) same as the original mean. D) either greater or smaller than the original mean depending on the number of observations in the series.

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As of today, it is clear that the Fed wants to continue to increase the US money supply and keep interest rates low

a. true b. false

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