Law, 25.10.2019 06:43 ayoismeisalex

Which accurately explains what an exchange rate of 1 to 6 between u. s. dollars and egyptian pounds means?

a) one u. s. dollar will buy six egyptian pounds.
b) for every one u. s. dollar in circulation there are six egyptian pounds.
c) it takes six u. s. dollars to buy one egyptian pound.
d) the gdp of the united states is six times larger than the gdp of egypt.

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Which accurately explains what an exchange rate of 1 to 6 between u. s. dollars and egyptian pounds...

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