The Following Table Provides Nominal Exchange Rates for the U

question 111

Multiple Choice

The following table provides nominal exchange rates for the U.S.dollar. Based on these data, the nominal exchange rate equals approximately ______ reals per Swiss franc or, equivalently, ______ Swiss francs per real.

• A)1.053; 0.950
• B)0.950; 1.053
• C)0.282; 3.551
• D)3.551; 0.282

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