1. Time period 1: C$ 1.25/S$

Time period 2: C$ 0.5/S$

Please show the calculation

a. From time period 1 to time period 2, C$ has depreciated relative to S$.

A) True

B) False

b. From time period 1 to time period 2, S$ has appreciated relative to C$.

A) True

B) False

c. In time period 1, if the price of Product A was C$39,500, then its price in S$ should be:

A) S$C$ 49,375

B) S$ 49,375

C) S$C$ 31,600

D) S$ 31,600