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Arturiano [62]
3 years ago
6

uppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00. Calculate the euro-pound exchange rate. A. €1.25 = £1.0

0 B. £1.3333 = €1.00 C. €3.00 = £1 D. €1.3333 = £1.00
Business
1 answer:
choli [55]3 years ago
3 0

Answer:

D. €1.3333 = £1.00

Explanation:

Suppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00.

That implies that the value of €1 is equivalent to 1.50/2.00 the value of £1, since €1 = $1.50; £1 = $2.00

Therefore the value of €1 = £0.75

Hence the value of  £1 = €1 / £0.75 = €1.3333

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Answer:

Capitalism

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7 0
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The graphic would indicate a market that is
olasank [31]

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yes it would

Explanation:

6 0
2 years ago
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Answer:

B) $330,000

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6 0
3 years ago
In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six t
adoni [48]

Answer:

c. investors see better long-term prospects for Amazon

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3 0
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Rama09 [41]

Answer:

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3 0
3 years ago
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