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gasoline costs 1.69 euro per liter in France. What is the price in dollars per gallon?
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- You rented a car in Mexico and the gas station charges 14.6 pesos per Liter. If the current money exchange is 1 US dollar =20.3 Mexican pesos, how much is the cost of gas in US dollars per GALLON.If euros sell for $1.63 (U.S.) per euro, what should dollars sell for in euros per dollar? Round your answer to four decimal places. euros per dollarIf British pounds sell for $1.30 (U.S.) per pound, what should dollars sellfor in pounds per dollar?
- KS Inc. produces a product in the United Kingdom at a cost of £0.55 per unit which it then sells in France for €1.25 per unit. If in the currency markets, 1 U.S. dollar = £0.6373 and 1 U.S. dollar = €1.0279, how much profit is realized by KS Inc. on each unit of product sold? * $0.7857 $0.3531 $0.2571 $0.1095 When the supply for money increases and the demand for money reduces, there will be * A fall in the level of prices An increase in the rate of interest A fall in the level of demand A decrease in the rate of interestA bottle of wine made in the European Union sells for €81. Suppose the exchange rate of U.S. dollars for euros changes from $1.00 = €0.85 to $1.00 = €0.63. What has happened to the cost of the bottle of wine in the U.S.? That is, what is the change in the cost of the bottle of wine for consumers in the U.S. in dollars? Provide your answer in dollars rounded to one decimal place. Use a negative sign "-" for negative values. Do not include any symbols, such as "$," "=," "%," or "." in your answer. Your Answer: AnswerIn the spot market, 7.3 pesos can be exchanged for 1 U.S. dollar. A pair of headphones costs $10 in the United States. If purchasing power parity holds, what should be the price of the same headphones in Mexico?
- If British pounds sell for $1.43 (U.S.) per pound, what should dollars sell for in pounds per dollar? Round your answer to four decimal places. _____ pound per dollarIn the spot market, 7.8 pesos can be exchanged for 1 U.S. dollar. A pairof headphones costs $15 in the United States. If purchasing power parityholds, what should be the price of the same headphones in Mexico?Choose the best answer to the following question. Explain your reasoning with one or more complete sentences. A person is buying apples while traveling in Europe. How will the price be mostly likely quoted? Choose the correct answer below. OA. The price will be quoted in euros per milliliter because the price has unit of euros per unit of volume. B. The price will be quoted in euros per milliliter because Europeans use the SI unit system. C. The price will be quoted in euros per kilogram because the price is quoted in currency per weight. D. The price will be quoted in euros per kilometer because euros is the currency that is used in Europe. E. The price will be quoted in euros per kilogram because one apple in Europe weighs one kilogram. OF. The price will be quoted in euros per kilometer because because Europe is very large, so everything is quoted in kilometers.