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    Exam 28: Exchange Rates and the Open Economy
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    If the Nominal Exchange Rate Is 4 Israeli Shekels Per
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If the Nominal Exchange Rate Is 4 Israeli Shekels Per

Question 90

Question 90

Multiple Choice

If the nominal exchange rate is 4 Israeli shekels per U.S. dollar, and 0.178 Jordanian dinars per Israeli shekel, then there are ________ Jordanian dinars per U.S. dollar.


A) 0.712
B) 0.045
C) 0.025
D) 5.618

Correct Answer:

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