Question 1 One U.S. dollar is equal to 81.5 Indian rupees. How much is one rupee? O $1 USD O $0.122 USD O $81.5 USD O $0.012 USD Question 2 In 2021, an Australian dollar equaled $0.75 USD. In 2022, an Australian dollar equaled $0.64 USD. Which of the following statements is true? O the Australian dollar is equal to the US dollar O the Australian dollar weakened relative to the US dollar O the Australian dollar strengthened relative to the US dollar O the US dollar weakened relative to the Australian dollar Question 3 The exchange rate of the Peruvian sol is 3.92 soles = 1 USD. If a car costs 82,320 soles, how much would this cost in US dollars? O $21,000 O $3.92 $83,320 $322,694 Question 4 If the government decreases the supply of its currency, what effect will this have? The country will cause its currency to not change The country will cause its currency to appreciate O The country will cause its currency to weaken The country will cause its currency to depreciate Question 5 If the PPP is higher than the exchange rate, then the currency is O weakened O overvalued O undervalued O equal