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2. Given the following currency exchange rates: Time period 1: AUD $1.257 Time period 2: AUD $1.50/ a. From time period 1 to time period

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2. Given the following currency exchange rates: Time period 1: AUD $1.257 Time period 2: AUD $1.50/ a. From time period 1 to time period 2, has depreciated relative to AUDS. True B) False b. -20% The % change of the value of from time period 1 to time period 2 is: A) B) +20% C) -16.25% D) +16.25% E) None of the above. You need to show (by providing the calculation) what you think the correct answer is in order to receive any credit for this question. c. From time period 1 to time period 2, AUD$ has appreciated relative to . A) True B) False d. The % change of the value of AUD $from time period 1 to time period 2 is: A) +20% B) -20% C) +16.25% D) -16.25% E) None of the above. You need to show (by providing the calculation) what you think the correct answer is in order to receive any credit for this

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