Suppose a U.S. dollar exchanges for 0.8 euros, then each euro is worth
A) $1.25.
B) $1.20.
C) $0.80.
D) $0.20.

Name: Suppose a U.S. dollar exchanges for 0.8 euros, then each euro is worth A) $1.25. B) $1.20. C) $0.80. D) $0.20.
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Question

Quizplus · Accepted Answer

If 1 U.S. dollar exchanges for 0.8 euros, then to find out how much 1 euro is worth in U.S. dollars, you divide 1 by 0.8, which equals 1.25. Therefore, each euro is worth $1.25.