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    Exam 17: Exchange Rates and Macroeconomic Policy
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    If We Know That the Exchange Rate Is 0
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If We Know That the Exchange Rate Is 0

Question 51

Question 51

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:

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