The Cline family made a trip to Europe in 2006. They paid the following amounts in local currency for hotel, entertainment, and transportation.

England .............£855

France ............. 1,462

Germany .............2,753

Denmark .............K6,280

How much did the trip cost in U.S. dollars once they got to Europe? Use the exchange rates in Table

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(per pound) $2.50 Supply Exchange Rate direct) Demand $1.50 Supply and Domand for Pounds in Torms of Dollars S weaker with upward movement on vertical axis) per dollar) 0.67 Supply Exchange Rate Demand 0.40 Supply and Demand for Dollars in Terms of Pounds S stronger with upward movement on vertical axis