The average income per capita in a country in its own currency is 75,000 units.If U.S.$1 is worth 20 units of its currency,the income per capita in the country in dollars is ________.
A) $1,850
B) $2,500
C) $3,750
D) $15,000

Question

Quizplus · Accepted Answer

To convert the income per capita from the local currency to U.S. dollars, divide the local income by the exchange rate: 75,000 units / 20 units per dollar = $3,750.

The Average Income Per Capita in a Country in Its