Using Exchange Rates Take a look back at Figure 21.1 to answer the following questions:
a) If you have $100, how many Euros can you get?
b) How much is one euro worth?
c) If you have 5 million Euros, how many dollars do you have?
d) Which is worth more, a New Zealand dollar or a Singapore dollar?
e) Which is worth more, a Mexican peso or a Chilean peso?
f) How many Mexican pesos can you get for a euro? What do you call this rate?
g) Per unit, what is the most valuable currency of those listed? The least valuable?
Click here for the solution: Using Exchange Rates Take a look back at Figure 21.1 to answer the following questions
