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    Economics Today
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    Exam 33: Exchange Rates and the Balance of Payments
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    If the Exchange Rate Is Such That $1 Equals 5
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If the Exchange Rate Is Such That $1 Equals 5

Question 154

Question 154

Multiple Choice

If the exchange rate is such that $1 equals 5 Indian rupees, then the price of a rupee is


A) $5.
B) $1.
C) $0.40.
D) $0.20.

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