Multiple Choice
Last year when Laura attended a business conference in Berlin, the exchange rate was €0.7 for US$1. This year she plans to attend that same conference and she notes that the exchange rate is €0.8 for US$1. Laura estimates that her lodging and meals will be _____ expensive than last year.
A) 13% more
B) 13% less
C) 87% more
D) 87% less
Correct Answer:
Verified
Correct Answer:
Verified
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