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The Following Are Hypothetical Exchange Rates: 2 Swiss Francs =

Question 119

Multiple Choice

The following are hypothetical exchange rates: 2 Swiss francs = 1 British pound and $1 = 2 British pound.We can conclude that:


A) $1 = 4 Swiss francs.
B) $1 = .5 Swiss francs.
C) 1 Swiss franc = $.50.
D) 1 Swiss franc = $2.

Correct Answer:

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