Question Completion Status: QUESTION 2 20 points Save Answer The following figure shows the Euro-U.S. Dollar exchange rate in the past year, i.e., the price of 1 Euro in U.S. dollars. Which of the following statements is incorrect? EUR/USD (EURUSD=X) CCY - CCY Delayed Price. Currency in USD 1.1478 -0.0113 (-0.9783%) As of 10:29PM GMT. Market open. Indicators Comparison Date Range 10 50 1M 3M 6M YTD 1Y 2Y 5Y Max )Interval 1D ~ ~ Line @ Draw Set EURUSD=X 1.1579 yahoo!finance 1.2250 1.2000 M 1.1750 1 1500 1.1478 Dec 2021 Feb Mar Apr May Jun Jul Aug Sep Oct Nov O A. Euro appreciated relative to the U.S. Dollar between May and November 2021 O B. Euro is a more expensive currency than the U.S. Dollar O C. An investor who purchased $100,000 Dollars by selling Euros in April 2021 would earn money if she sold in October 2021 O D. An individual who wanted to buy 1000 Euros in May 2021 would have to pay at least 1200 Dollarsa; Question Completion Status: QUESTION 3 20 points Save Answer The US. DollarBritish Pound exchange rate is denoted by GBP/USD and reects the price of one Found in Dollars. Search for the current GBP/USD exchange rate and select a correct statement among the options below 0 A. Pound is a less expensive currency than Dollar O B. Pound is a more expensive currency than Dollar 0 C. Pound has always been less expensive than Dollar in the last 5 years O D. If GBP/USD falls, British goods would be more expensive for American consumers QUESTION 4 20 points Save Answer The price index in the us. is 100, the price index in Japan is 95, and the nominal exchange rate between Yen and Dollar (USD/JPY) is 114. Then the real exchange rate is Note: Type in your answer rounded to two decimal places, ie., your answer must be of the form \"999. 991 I will not be able to x correct answers that were entered incorrectly, such as \"999.999\" or \"999,99\" or \"999'. In case the last digit in the correct answer is zero, 9.9., "999.90\" or \"999.00\QUESTION 1 20 points Save Answer The theory of Purchasing Power Parity claims that O A. prices of similar goods in different countries should be the same O B. nominal exchange rates should be equal to 1 O C. inflation rates should be the same across countries O D. prices of non-traded goods should be the same in different countries