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    Macroeconomics Study Set 7
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    Exam 6: An Introduction to the Foreign Exchapterange Market and the Balance of Payments
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    If the US Dollar Price of the New Zealand Dollar (NZD) Is
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If the US Dollar Price of the New Zealand Dollar (NZD) Is

Question 55

Question 55

Multiple Choice

If the U.S. dollar price of the New Zealand dollar (NZD) is $0.5709, then the NZD price of one U.S. dollar will be:


A) 1.5709 NZD.
B) 1.75 NZD.
C) 1.6711 NZD.
D) 0.5709 NZD.

Correct Answer:

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