Solved

Suppose That a Kilogram Can of Coffee Costs About $6

Question 160

Multiple Choice

Suppose that a kilogram can of coffee costs about $6 in Canada.Suppose the exchange rate is 0.7 euro per dollar and that a kilogram can of coffee in Belgium costs about 2.1 euros.What is the real exchange rate?


A) 2.45 cans of Belgian coffee per can of Canadian coffee
B) 2 cans of Belgian coffee per can of Canadian coffee
C) 3/4 cans of Belgian coffee per can of Canadian coffee
D) 3/5 cans of Belgian coffee per can of Canadian coffee

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions