(06.02 MC) Use the data table to answer the following question.

U.S. dollar per shekel (Israel) $0.30

U.S. dollar per euro (European Union) $1.20

Which of the following statements is true based on the data table?

a One shekel is worth four euros.

b One euro is worth four shekels.

c The shekel is appreciating while the euro is depreciating.

d The European Union does more business with the United States than with Israel.

e The same good will be less expensive in Israel than in the European Union.