If the Nominal Exchange Rate Is 4 Israeli Shekels Per

question 90

Multiple Choice

If the nominal exchange rate is 4 Israeli shekels per U.S. dollar, and 0.178 Jordanian dinars per Israeli shekel, then there are ________ Jordanian dinars per U.S. dollar.

• A)0.712
• B)0.045
• C)0.025
• D)5.618

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Definitions:

Length

The measurement of something from end to end or along its longest side.

Width

The measurement or extent of something from side to side; the lesser of two or the least of three dimensions of a body.

Area

The measure of the extent of a two-dimensional shape or surface in a plane, expressed in square units.

Labor

Human effort used in the production of goods and services.