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T-Mobile 12:04 AM ezto.mheducation.com connect 12. 1000 omt Refer to the World V

ID: 1126701 • Letter: T

Question

T-Mobile 12:04 AM ezto.mheducation.com connect 12. 1000 omt Refer to the World View below World View: Foreign Exchange Rates t 2014) The foreign exchange midrange rates here show (a) many U.S. dollars are needed to buy one unit of foreign currency (b) how many units of foreign currency are needed to buy one S. dollar If a McDonald's Big Mac sells for $4.00, how much will it cost in the currencies of Instructions: Enter your responses rounded to four decimals. (a) Brazil?--real (b) Japan? yen (c) Indonesia? rupiah Referencs ook& Resources Worksheet Leaning Obinctive 36-02

Explanation / Answer

First question is answered below.

US price of Big Mac = $4

a)

Brazil = 4*2.26 = 9.048 real

b)

Japan = 4*102.32 = 409.28 yen

c)

Indonesia = 4*11699.5 = 46,798 rupiah