If the Exchange Rate Between the Dollar and the Euro

question 61

Multiple Choice

If the exchange rate between the dollar and the euro is equal to €0.8 per $1.00, then what is the U.S. dollar cost of a German-made Porsche costing €45,000?

• A)$36,000
• B)$39,000
• C)$45,000
• D)$56,250
• E)None of these

---

Definitions:

Color-Blind Ideology

An approach to social interaction and policy that ignores racial characteristics and advocates for treating all individuals equally, without regard to race.

Structural Inequalities

Systemic disparities in access to resources, opportunities, and rights across different societal groups, often rooted in historical and institutional prejudices.

Privileged Position

refers to a status that gives certain individuals or groups advantages or benefits not widely available to others, often due to socio-economic factors, race, or gender.

White Privilege

The societal privileges that benefit white people beyond what is commonly experienced by non-white people under the same social, political, or economic circumstances.