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With an Indirect Quote for the Dinar (The Currency Unit

Question 53

Multiple Choice

With an indirect quote for the Dinar (the currency unit in Jordan) is 0.5456. Which of the following is true?
I. You can buy C$1.00 for 0.5456 Dinar
II. You can buy C$0.5456 for 1.00 Dinar
III. You can buy C$1.00 for 1.8329 Dinar
IV. You can buy C$1.8329 for 1.00 Dinar


A) I only
B) II only
C) Both I and IV
D) Both II and III
E) Both II and IV

Correct Answer:

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