题目
ECON 201 Sections 2 & 3, Winter 2025 Int'l Macro practice problems
简答题
Ann buys Spanish olives from Guillermo for 2.1 Euros/kilo. The exchange rate is $1 for 1.1 Euros. How many dollars per kilo does Ann pay for the olives?
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标准答案
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思路分析
First, identify the given exchange relation: $1 USD buys 1.1 Euros. This means 1 Euro equals 1/1.1 USD.
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