Multiple Choice
If two nominal exchange rates are given as 4 shekel/dollar and 0.711 dinar/dollar, so 1 dollar can buy either 4 shekels or 0.711 dinars, then each Jordanian dinar is worth ________ Israeli shekels, and each shekel is worth ________ dinars.
A) 0.51; 1.96
B) 1.96; 0.51
C) 0.178; 5.623
D) 5.623; 0.178
Correct Answer:
Verified
Correct Answer:
Verified
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