menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 18: B: The Balance of Payments and Exchange Rates
  5. Question
    If the Rate of Exchange for a British Pound Is
Solved

If the Rate of Exchange for a British Pound Is

Question 36

Question 36

Multiple Choice

If the rate of exchange for a British pound is $4, the rate of exchange for the dollar:


A) is ¼ of a British pound.
B) is 4 British pounds.
C) is $.25.
D) cannot be determined from the information given.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q32: The following table shows the balance of

Q34: The several financial crises in which country

Q35: In considering pounds and dollars, when the

Q37: Appreciation of the Swiss franc will:<br>A)intensify an

Q38: The following table shows the balance of

Q39: Suppose one Canadian dollar would buy 262

Q40: Suppose the current account balance of an

Q41: The following table shows the trade between

Q44: Evidence of a chronic balance of payments

Q76: Under the managed floating system of exchange

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines