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Business, 27.05.2020 04:00 cravens511peeelg

If the exchange rate between the European euro and the U. S. dollar is 1 to 1.2,
which of the following is true?
A. A $5 item costs twice as much in euros.
B. A $5 item costs less than five euros.
C. A $5 item costs half as much in euros.
D. A $5 item costs more than five euros.

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Answers: 2

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If the exchange rate between the European euro and the U. S. dollar is 1 to 1.2,
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