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Consider the exchange rate between U.S. dollars ($) and Bolivian bolivianos. If $1 is worth about 7 bolivianos, then 1 boliviano is worth about ...
Consider the exchange rate between U.S. dollars ($) and Bolivian bolivianos. If $1 is worth about 7 bolivianos, then 1 boliviano is worth about ... Select one: O a. $ 0.14 O b. $1 O c. $7 O d. $14 O e. $0.7Suppose that the exchange rate between US. dollars and currency in Germany, the euro, is 1.5 dollars per euro. If purchasing parity holds, how much would we expect an automobile that costs 20,000 in Germany to sell for to someone with US. Dollars? Select one: a. 13,000 dollars b. 15,000 dollars c. 20,000 dollars d. 25,000 dollars 9. 30,000 dollars
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