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Suppose the Exchange Rate Is 5 Units of Peruvian Currency

Question 153

Multiple Choice

Suppose the exchange rate is 5 units of Peruvian currency per dollar, and a hotel room in Lima, Peru, costs 350 units of Peruvian currency. How many dollars do you need to get a room in Lima?


A) $1750
B) $355
C) $70
D) $35

Correct Answer:

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