You Are Debating Between Spending a Week in Brazil or a Week

question 60

Multiple Choice

You are debating between spending a week in Brazil or a week in Chile.You've estimated the cost of the Brazilian trip at 56,300 reals and the Chilean trip at 13.6 million pesos.The currency per U.S.dollar is 2.2212 reals and 581.73 pesos.If you prefer the less expensive trip,as measured in U.S.dollars,you should travel to _____ because you can save ____.

• A)Brazil; you can save $1,460.45
• B)Brazil; you can save $1,518.74
• C)Chile; you can save $984.29
• D)Chile; you can save $1,613.33
• E)Chile; you can save $1,968.12

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Definitions:

Teaching

The act or profession of educating students, imparting knowledge or skills to others through various methodologies.

Creative Destruction

A concept in economics that refers to the process through which new innovations lead to the demise of older technologies and economic structures.

Social Destruction

The process by which the social fabric of a community or society is damaged or degraded, often through conflict, neglect, or adverse policies.

Creative Destruction

An economic theory that suggests that old industries or technologies are destroyed and replaced by new ones for economic growth and development.