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Author Question: Suppose a U.S. dollar exchanges for 2 British pounds, then each pound is worth (Read 115 times)

londonang

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on: Apr 19, 2019

Question 1

If you are traveling in China and you purchase a meal that costs 140 yuan and the current exchange rate is 7 yuan to the dollar, then the price of the meal in U.S. currency is


◦ $200.
◦ $20.
◦ $10.
◦ $2.

Question 2

Suppose a U.S. dollar exchanges for 2 British pounds, then each pound is worth


◦ $.25.
◦ $.50.
◦ $1.
◦ $4.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by londonang on Apr 19, 2019

kingdude89

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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londonang

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Reply #2 on: Apr 19, 2019
Thanks


kingdude89

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Reply #3 on: Apr 19, 2019
Welcome :)


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