If a British car priced at 30,000 pounds can be purchased for $50,000, then the exchange rate between the pound and the dollar is:
A) $1.00 = 0.30 pounds.
B) $1.00 = 0.60 pounds.
C) $1.00 = 1.20 pounds.
D) $1.00 = 1.67 pounds.
Correct Answer:
Verified
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