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1 February, 05:54

If the exchange rate between the U. S. dollar and the Canadian dollar is 1:1.3,

which of the following is true?

O A. A $5 item costs three times as much in Canada as it does in the

United States.

B. A $5 item costs three times as much in the United States as it

does in Canada.

O C. It costs more to buy a $5 item in Canada than it does in the United

States.

D. It costs less to buy a $5 item in Canada than it does iralline United

States.

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Answers (1)
  1. 1 February, 06:42
    0
    D. It costs less to buy a $5 item in Canada than it does in the United

    States

    Step-by-step explanation:

    Given: exchange rate between the U. S. dollar and the Canadian dollar is 1:1.3

    To find: the correct option

    Solution:

    As exchange rate between the U. S. dollar and the Canadian dollar is 1:1.3, it means that 1 U. S. dollar is equal to 1.3 Canadian dollar

    So, it costs less to buy an item in Canada than it does in the United

    States.

    Therefore,

    It costs less to buy a $5 item in Canada than it does in the United

    States
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