Author Question: If the U.S. dollar price of the New Zealand dollar (NZD) is 0.5709, then the NZD price of one U.S. ... (Read 132 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
If the U.S. dollar price of the New Zealand dollar (NZD) is 0.5709, then the NZD price of one U.S. dollar will be:
 a. 1.5709 NZD.
  b. 1.75 NZD.
  c. 1.6711 NZD.
  d. 0.5709 NZD.
  e. 1.75 NZD.

Question 2

On December 29th, the cost of a skiing trip to Finse, Norway, was 6,500 krone. Two weeks later, the American dollar appreciated against the Norwegian krone. If the price of the trip in Norway remains the same, _____.
 a. an American skier living in Florida will now view this trip as cheaper compared to before
  b. an American skier living in Florida will now view this trip as highly expensive compared to before
  c. an American skier living in Florida will now view this trip as of the same value as before
  d. an American skier living in Florida will now value this trip less as compared to before
  e. an American skier living in Florida will no longer take this trip



amit

  • Sr. Member
  • ****
  • Posts: 364
Answer to Question 1

b

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library