contestada

If the exchange rate between British pounds and U.S. dollars is 1 to 1.5, which
of the following is true?
A. The U.S. money supply is 1.5 times the size of the British money
supply.
B. It takes $1.50 to buy one British pound.
C. The GDP of the United States is 1.5 times larger than the GDP of
Britain.
D. One U.S. dollar will buy 1.5 British pounds.

Relax

Respuesta :

Faisal7777

Answer:

B. It takes $1.50 to buy one British pound.

Step-by-step explanation:

Because they said that each 1 British pound is equal to 1.50 US dollars, we can safely assume that you can buy one British pound for 1.50 US dollars

Hope it helps!

Answer:

It takes $1.50 to buy one British pound

verified on  a p e x

Otras preguntas