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You observe a quotation of the Indian rupees (INR) of $0.0133. You are, however, interested in the number of rupees per dollar. Thus, you calculate
You observe a quotation of the Indian rupees (INR) of $0.0133. You are, however, interested in the number of rupees per dollar. Thus, you calculate the ____ quotation of ____ INR/$.
a. indirect; 75.19
b. direct; 75.19
c. indirect; 1.33
d. direct; 1.33
e. indirect; 1
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