Use the Following to Answer Questions: Table: Exchange Rates -(Table: Exchange Rates) Using the Hypothetical Exchange Rate Information for

question 276

Multiple Choice

Use the following to answer questions: Table: Exchange Rates $$\begin{array} { l l l } \hline \text { Year } & \text { Exchange Rates } & \\\hline 2000 & \text { 1 U.S. } \$ = 0.5 \text { British } £ & 0.4 \text { European } € = 100 \\& \text { Japanese ₹ } & \\2004 & \text { 1 U.S. } \$ = 1.0 \text { British } £ & 0.8 \text { European } € = 200 \\& \text { Japanese ₹ }\\\hline\end{array}$$
-(Table: Exchange Rates) Using the hypothetical exchange rate information for the two years in the table, the price of one euro in terms of Japanese yen in 2000 was:

• A) ¥0.004.
• B) ¥40.
• C) ¥100.
• D) ¥250.