A dress manufactured in Hagen, Germany, costs 195 euros. What is the U.S. dollar value of the same dress if the exchange rate is $0.89 per euro?
a. $173.55
b. $165.43
c. $219.10
d. $187.61
e. $195.00
a
Economics
You might also like to view...
A key component of the Keynesian model is that
A) people are not fooled by money illusion. B) prices are flexible. C) prices are sticky. D) wages are flexible.
Economics
Harry's HVAC sells its new units with locked and encrypted servicing software, which only Harry's own service technicians can operate. Why would it want to do that? a. To ensure that the customer knows that they are stuck with Harry's service technicians b. To ensure that Harry's technicians do not service the equipment
c. To ensure that the customers do not buy second-class servicing and then infer faulty design if a unit breaks down due to inadequate service d. All of the above
Economics