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The chart below shows an exchange rate table.

\begin{tabular}{|c|c|}
\hline Currency & \begin{tabular}{c}
Exchange Rate \\
April 3, 2013 \\
(Euro =1)
\end{tabular} \\
\hline Bulgarian lev & 1.96 \\
\hline Canadian dollar & 1.301 \\
\hline Swiss franc & 1.2149 \\
\hline British pound & 0.8482 \\
\hline Japanese yen & 119.4065 \\
\hline US dollar & 1.2839 \\
\hline
\end{tabular}

What is the most likely conclusion that can be drawn about how this table would look in December 2013?

A. It would look the same because exchange rate tables do not change.
B. It would look different because exchange rate tables change constantly.
C. It would look different because exchange rate tables change once a month.
D. It would look different because more countries will have started to use euros.

Sagot :

To determine the most likely conclusion about how the exchange rate table might look in December 2013, we need to understand the nature of exchange rates.

Exchange rates are subject to fluctuations due to a variety of factors such as economic conditions, market speculation, geopolitical events, and macroeconomic indicators among others. Here are the conclusions we need to analyze:

1. It would look the same because exchange rate tables do not change.
- This is unlikely because exchange rates are known to be dynamic and can change frequently, sometimes even multiple times within a single day based on market activity.

2. It would look different because exchange rate tables change constantly.
- This is the most likely conclusion. Exchange rates vary continuously based on various economic and political factors, which means that the values in the exchange rate table for December 2013 are expected to be different from those in April 2013.

3. It would look different because exchange rate tables change once a month.
- This is incorrect because exchange rates do not necessarily change at fixed intervals like once a month. They can change at any time as they are influenced by ongoing market conditions.

4. It would look different because more countries will have started to use euros.
- While it is possible that more countries will adopt the Euro over time, this is not a main reason for changes in exchange rate tables in this specific context. Exchange rate changes are more directly influenced by the factors mentioned earlier.

By understanding that exchange rates fluctuate continuously and are influenced by a myriad of dynamic factors, the conclusion that makes the most sense is:

It would look different because exchange rate tables change constantly.