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QUESTION 15 Which of the following is true about the performance of the USD-Euro exchange rate and crude oil prices since the 2008 financial crisis?
QUESTION 15 Which of the following is true about the performance of the USD-Euro exchange rate and crude oil prices since the 2008 financial crisis? [I] Value of USD has generally increased [II] Crude oil prices have generally increased [II] Value of USD has generally decreased [IV] Crude oil prices have generally decreased [V] Negative correlation between USD and oil price [VI] Positive correlation between USD and oil price O II, II, V O I, IV, VI O IV and VI O I, IV, V None of the above QUESTION 16 Which of following will likely have a POSITIVE effect on the value of USD? Drop in short term interest rates [II] Increase in short term interest rates [III] Increase in U.S. industrial production relative to other economies [IV] Rising oil inventory [V] Increasing likelihood of geo-political risk O I, IV, V O II, II, V None of the above QUESTION 17 If $1.6177 will buy one British pound sterling, how much British pounds do you need to buy $85 million U.S dollars? 139,788,000.00 85,000,000.00 52,543,734.93 55,696,202.53 O not enough information is given to determine the exchange rate
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