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Refer to Textbook Table 1 3 - 1 . On November 1 5 , 2 0 2 1 , the exchange rate of U .
Refer to Textbook Table On November the exchange rate of US dollar per
Australian dollar was
On October the exchange rate of US dollar per Australian dollar was It is
now November A USmade big screen TV costs $ over the entire period.
Has the US dollar appreciated or depreciated in value relative to the Australian dollars? Is it
cheaper or more costly for an Australian citizen to buy the TV converting Australian dollars
into US dollars on November What is the Australian citizens A$ gain or loss on
the purchase of the TV if she waits to buy on November
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