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One World View Article,titled "Nobel Prize Was Nobler in October

Question 101

Multiple Choice

One World View article,titled "Nobel Prize Was Nobler in October," reported this about the Nobel Prize in 1992: "Sweden's decision last month to let the krona float caused the prizes' value to drop from $1.2 million each when announced in October to $958,000 when King Carl XVI Gustaf presents them Thursday." Implicitly,we can conclude that a Nobel Prize is paid in


A) A depreciating dollar.
B) A depreciating krona.
C) An appreciating krona.

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