Which of the following equations correctly represents nominal ...

[Redwolflake15]

Which of the following equations correctly represents nominal exchange rate?
 
  A) Nominal exchange rate = units of foreign currency/1 unit of domestic currency
  B) Nominal exchange rate = 1 unit of domestic currency/100 units of foreign currency
  C) Nominal exchange rate = 100 units of domestic currency/1 unit of foreign currency
  D) Nominal exchange rate = units of foreign currency/100 unit of domestic currency

Question 2

Refer to Table 2.4. Increasing the tanks of fertilizer from 4 to 5 will
 
  A) decrease truckloads of potatoes. B) increase truckloads of potatoes.
  C) have no effect on truckloads of potatoes. D) require more acres of land.

[snackralk]

Answer to Question 1

A

Answer to Question 2

A