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In April 2014, the Money Price of a Litre of Milk

Question 6

Multiple Choice

In April 2014, the money price of a litre of milk was $2.01 and the money price of a litre of gasoline was $1.30. The real price of a litre of gasoline in terms of milk was


A) $0.65.
B) 0.65 litres of milk.
C) 2.61 litres of milk.
D) 1.54 litres of milk.
E) $0.71.

Correct Answer:

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