Question
In the Wall Street Journal, you observe that the British pound () is quoted at $1.65. The Australian dollar (A$) is quoted at $0.60. What
In the Wall Street Journal, you observe that the British pound () is quoted at $1.65. The Australian dollar (A$) is quoted at $0.60. What is the value of the British pound in Australian dollars?
| a. | 2.75 | |
| b. | 0.36 | |
| c. | A$0.36 | |
| d. | none of the above | |
| e. | A$2.75 |
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
