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Round answers to 2 decimal places. 2. Given the following currency exchange rates: Time period 1: AUD $1.25/ Time period 2: AUD $1.50/ a. From

Round answers to 2 decimal places.

2. Given the following currency exchange rates: Time period 1: AUD $1.25/ Time period 2: AUD $1.50/ a. From time period 1 to time period 2, has depreciated relative to AUD$. A) True B) False b. The % change of the value of from time period 1 to time period 2 is: A) -20% B) +20% C) -16.25% D) +16.25% 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%

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