Suppose That a Kilogram Can of Coffee Costs About $6

question 160

Multiple Choice

Suppose that a kilogram can of coffee costs about $6 in Canada.Suppose the exchange rate is 0.7 euro per dollar and that a kilogram can of coffee in Belgium costs about 2.1 euros.What is the real exchange rate?

• A)2.45 cans of Belgian coffee per can of Canadian coffee
• B)2 cans of Belgian coffee per can of Canadian coffee
• C)3/4 cans of Belgian coffee per can of Canadian coffee
• D)3/5 cans of Belgian coffee per can of Canadian coffee

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