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    If the Nominal Exchange Rate Between SA Rands and US
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If the Nominal Exchange Rate Between SA Rands and US

Question 57

Question 57

Multiple Choice

If the nominal exchange rate between SA rands and US dollars is R0.50 per $1.00, how many dollars can you get for a rand?


A) $0.50
B) $1.00
C) $1.50
D) $2.00
E) None of these answers.

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