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If the U.S. dollar is worth roughly .78 British pounds, what is the direct exchange rate of dollars for a pound? $ .56 pounds $
- If the U.S. dollar is worth roughly .78 British pounds, what is the direct exchange rate of dollars for a pound?
- $ .56 pounds
- $ .78 pounds
- $ 1.33 pounds
- $ 2.72 pounds
- In problem 1., what is the indirect exchange rate (pounds exchanged for dollars)
- $ .90 pounds
- $ 1.28 pound
- $ 1.89 pounds
- $ 4.72 pounds
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