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    Exam 33: Exchange Rates and the Balance of Payments
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    If the Foreign Exchange Rate for 1 Hungarian Forint Is
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If the Foreign Exchange Rate for 1 Hungarian Forint Is

Question 214

Question 214

Multiple Choice

If the foreign exchange rate for 1 Hungarian forint is 0.5 cent, then


A) a dinner priced at 400 forints will cost $20.
B) a wine that sells for 600 forints will cost $3,000.
C) a Big Mac hamburger priced at 50 forints will cost $1.
D) a hotel room renting for 40,000 forints will cost $200.

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