For this table, the reference currency is the Euro.
- The reference currency means that the euro is the base unit, the table shows how much is one euro worth in the different currencies. This can be observed on the first row of the second column where it says (euro= 1)
The exchange rate of the euro to the US dollar and most other currencies is determined by supply and demand.
- Most countries have a flexible exchange rate. This means that the government does not have a fixed exchange rate. With a fixed exchange rate the government compromises to give a given amount of money in exchange for one unit of a specific currency. Whenever, there is a flexible exchange rate, the price of another currency is determined by the incoming and outgoing capital.
According to the chart, one euro would buy 1.2149 Swiss francs.
- This can be found in the fourth row and second column of the chart.
- 1 euro = 1.2149 Swiss francs
It would cost 1.28 US dollars to buy one euro.
- 1 euro = 1.28 US dollars
- This can be found in the last row and second column of the chart.
Answer: John Quincy Adams is the 6th president.
Explanation:
<span>A Virginian, _____ could say the Civil War began and ended at his house.
Answer:</span><span>
A)Wilmer Mclean
</span>
The answer is 4. Because Harry Potter wears glasses, two circles on his face with 2 eyes.
The major effect of the teapot dome scandal was that many people in the United States lost their trust in the US government, since for the first time ever a Cabinet member was convicted of accepting bribes.
