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Other Fields Homework Help Economics Topic started by: stars_and_moon on Jul 20, 2016



Title: A tourist in Mexico has to pay 200 pesos for a resort hotel room. If the exchange rate is five peso
Post by: stars_and_moon on Jul 20, 2016
A tourist in Mexico has to pay 200 pesos for a resort hotel room.  If the exchange rate is five pesos per U.S. dollar, how much does the tourist have to pay in U.S. dollars?
A) $40
B) $200
C) $1,000
D) $5


Title: Re: A tourist in Mexico has to pay 200 pesos for a resort hotel room. If the exchange rate is five ...
Post by: kingby on Aug 4, 2016
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Title: Re: A tourist in Mexico has to pay 200 pesos for a resort hotel room. If the exchange rate is five peso
Post by: stars_and_moon on Aug 17, 2016
Incredible!


Title: Re: A tourist in Mexico has to pay 200 pesos for a resort hotel room. If the exchange rate is five peso
Post by: kingby on Aug 18, 2016
I instantly knew the answer when I read the question, happy to help