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Mathematics, 13.04.2020 00:11 cxttiemsp021

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.

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Answers: 1

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If the exchange rate between British pounds and U. S. dollars is 1 to 1.5, which
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