Multiple Choice
In France a loaf of bread costs 3 euros.In Great Britain a loaf of bread costs 4 pounds.If the exchange rate is .9 pounds per euro,what is the real exchange rate?
A) 4/2.7 loaves of British bread per loaf of French bread
B) 3.6/3 loaves of British bread per loaf of French bread
C) 3/3.6 loaves of British bread per loaf of French bread
D) 2.7/4 loaves of British bread per loaf of French bread
Correct Answer:
Verified
Correct Answer:
Verified
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