If the dollar-euro exchange rate on June 30, 2010, is $1.225 per euro, then the euro-dollar exchange rate would be:
a. $2.45 per dollar.
b. $0.816 per dollar.
c. $1.225 per dollar.
d. $1 per dollar.
Ans: b. $0.816 per dollar.
Economics
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Goods that are similar but are not perfect substitutes are called ________ goods
A) differentiated B) homogeneous C) normal D) inferior
Economics