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Exchange Rates: Introduction
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Exchange Rates: Introduction
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23. Exchange Rates / Exchange Rates: Introduction / Problem 3
Problem 3
If the exchange rate is 1.25 US dollars per euro, what is the flipped exchange rate in euros per US dollar?
A
0.75 euros per US dollar
B
1.00 euros per US dollar
C
0.80 euros per US dollar
D
1.25 euros per US dollar
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