Multiple Choice
If we know that the exchange rate is 0.8 dollars per euro,then we know that the exchange rate of euros per dollars is
A) 0.8
B) 1.8
C) 1.25
D) less than 1.0
E) 5
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: What is the main reason why monetary
Q47: The most dramatic and rapid increases and
Q48: The 2005-2008 Chinese policy with respect to
Q49: Which of the following is not among
Q50: A decrease in the price of a
Q52: Suppose the same basket of goods costs
Q53: Where would a country such as Japan
Q54: If the pound-dollar exchange rate is 2
Q55: If a country fixes its exchange rate
Q56: If the Bank of Japan buys yen