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    The Economics of Money Banking Study Set 1
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    Exam 17: The Foreign Exchange Market
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    On January 25,2009,one U
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On January 25,2009,one U

Question 51

Question 51

Multiple Choice

On January 25,2009,one U.S.dollar traded on the foreign exchange market for about 1.15 Swiss francs.Therefore,one Swiss franc would have purchased about ________ U.S.dollars.


A) 0.30
B) 0.87
C) 1.15
D) 3.10

Correct Answer:

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