Assume That EUR/USD 1

question 35

Multiple Choice

Assume that EUR/USD 1.16. A $36 shirt would cost _____ euros, and a €20 hat would be _____ dollars.

• A) 31; 23
• B) 23; 31
• C) 42; 17
• D) 136; 149

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Definitions:

Digital Cameras

Electronic devices that capture and store photographs digitally, allowing for immediate viewing and eliminating the need for film processing.

Investment

The process of distributing funds or resources with the aim of achieving income or financial gain.

Corporate Profits Tax

A tax imposed on the income or profit of corporations, calculated as a percentage of their earned income.

Investment

The distribution of funds or other resources with the aim of achieving income or profit at a later date.