Rewrite the Decimal as a Fraction in Lowest Terms $0.392$ A) $\frac { 49 } { 12 }$

question 220

Multiple Choice

Rewrite the decimal as a fraction in lowest terms.
- $0.392$

• A) \(\frac { 49 } { 12 }\)
• B) \(\frac { 1 } { 392 }\)
• C) \(\frac { 1 } { 153,664 }\)
• D) \(\frac { 49 } { 125 }\)

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Definitions:

Nominal Exchange Rate

The rate at which one currency can be exchanged for another without adjusting for inflation, representing the current market price.

Schillings

A former unit of currency in Austria before the euro and also used in several other countries historically.

Purchasing-Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach to determine exchange rates.

Dollar Appreciated

A situation where the value of the US dollar increases relative to other currencies, making foreign goods and services cheaper for Americans.