1. Exchange Rates. Use Table 22-1 to answer the following questions. (LOI)

a. How many euros can you buy for $100? How many dollars can you buy for 100 euros?

b. How many Swiss francs can you buy for $100? How many dollars can you buy for 100 Swiss francs?

c. If the British pound depreciates with respect to the dollar, will the exchange rate quoted in Table 22-1 increase or decrease?

d. Is a United States or a Canadian dollar worth more?