-Use the above figure. At equilibrium, the exchange rate is
A) 1 euro = $1.25.
B) $0.80 = 1.25 euro.
C) $1 = 1.25 euro.
D) $1 = 8 euros.

Name: -Use the above figure. At equilibrium, the exchange rate is A) 1 euro = $1.25. B) $0.80 = 1.25 euro. C) $1 = 1.25 euro. D) $1 = 8 euros.
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Question

-Use the above figure. At equilibrium, the exchange rate is
A) 1 euro = $1.25. 
B) $0.80 = 1.25 euro. 
C) $1 = 1.25 euro. 
D) $1 = 8 euros.

Quizplus · Accepted Answer

The Answer of 
-Use the above figure. At equilibrium, the exchange rate is
A) 1 euro = $1.25. 
B) $0.80 = 1.25 euro. 
C) $1 = 1.25 euro. 
D) $1 = 8 euros.

-Use the Above Figure