The nominal exchange rate between Japan and the United States is about 109 yen per U.S. dollar. You visit the Studio Ghibli Museum in Tokyo and find that each ticket costs 1000 yen. You purchase two tickets. How much is your purchase in U.S. dollars?
A) $9.17
B) $16.70
C) $18.35
D) $20.00
Correct Answer:
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