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Answer to Question #90526 in Macroeconomics for Sung Eun Seok

Question #90526
19. Suppose that the exchange rate between the Fiji currency and the US dollar today is
FJD 1.00 = USD 0.48. What is the value of a USD 800 worth of Samsung G7 mobile phone in
Fiji currency?
A. FJD 384.00
B. FJD 416.00
C. FJD 1538.46
D. FJD 1666.67
1
Expert's answer
2019-06-11T10:42:16-0400

800/0.48=1666.67

D. FJD 1666.67


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