If the nominal exchange rate is 0.5434 British pounds per dollar,and is 0.02482 dollars per Indian rupee,then there are _________ Indian rupees per dollar,and __________ dollars per British pound.
A) 40.29;1.840
B) 1.840;40.29
C) 27.27;1.998
D) 1.998;27.27
E) 22.21;2.292
Correct Answer:
Verified
Q3: The nominal exchange rate is the
A) market
Q4: The following table provides nominal exchange rates
Q5: When it costs more than a dollar
Q6: A decrease in the value of a
Q7: A flexible exchange rate is an exchange
Q9: The following table provides the nominal exchange
Q10: When it costs less than a dollar
Q11: When one unit of one currency trades
Q12: If the nominal exchange rate is 0.976
Q13: A currency depreciation is a(n)
A) increase in
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