- One US dollar is equal to 0.98 Canadian dollars in the year October 2012 as perceived from the graph.
Option B is correct.
- The exchange rates cannot be changed from Dec 2012 till Jan 2013.
Option B is correct.
- The US dollar increases in comparison to Canadian dollar from Jan 2013 till Mar 2013.
Option C is correct.
What is an exchange rate ?
An exchange rate is refers to the rate at which one currency has been converted into another currency.
- The graph is showing at October 2012, the conversion rate of Canadian dollar in terms of one US dollar is equivalent to 0.98.
- The exchange rates tend to be less than 1.00 within the months from Dec 2012 to Jan 2013 and thus, remains static.
- The conversion rates tend to show a rising trend from 1 to 1.02 in the months of Jan to Mar in the year 2013.
Therefore, the correct options are indicated above with reasons.
Learn more about the exchange rate in the related link:
https://brainly.com/question/13717814
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