The correct answer would be option C, Exchange Rate.
When planning a trip to Spain, Brett and his wife, both Americans, were concerned about how much they could afford to spend in Europe because sometimes the U.S. dollar will buy more goods and sometimes it will buy less, based on changing economic conditions. The Exchange rate is the rate at which the currency of one area or country can be exchanged for the currency of another’s.
Explanation:
When one currency of a country is exchanged with the currency of another country, the rate at which the currencies are exchanged is called as the exchange rate.
For example while planning a trip to Europe from America, the couple have US dollars which they need to exchange in Euros to be able to use the currency in Europe.
Roughly, a Euro is equivalent to 1.08 US Dollars, as of today. So this 1.08 dollars will be the exchange rate for US dollars to Euro.
Learn more about Exchange Rate at:
brainly.com/question/10187894
#LearnWithBrainly
Answer: When delegates to the Constitutional Convention began to assemble at Philadelphia in May 1787, they quickly resolved to replace rather than merely revise the Articles of Confederation. Although James Madison is known as the “father of the constitution,” George Washington’s support gave the convention its hope of success. Division of power between branches of government and between the federal and state governments, slavery, trade, taxes, foreign affairs, representation, and even the procedure to elect a president were just a few of the contentious issues. Diverging plans, strong egos, regional demands, and states’ rights made solutions difficult. Five months of debate, compromise, and creative strategies produced a new constitution creating a federal republic with a strong central government, leaving most of the power with the state governments. Ten months of public and private debate were required to secure ratification by the minimum nine states. Even then Rhode Island and North Carolina held out until after the adoption of a Bill of Rights.
