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Q: Ask us of the following accurately explains what an exchange rate of 19 between the European euro and Mexican pesos means?
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What accurately explains what an exchange rate of 1 9 between the european euro and mexican pesos mean?

An exchange rate of 1:9 between the European Euro and the Mexican Peso means that you can exchange one Euro for 9 Pesos.


What accurately explains what an exchange rate of 1to 9 between the European euro and Mexican pesos means?

It takes only one euro to buy nine pesos


What accurately explains what an exchange rate of 1 to 9 between the European euro and Mexican pesos mean?

1 to 9 means one Euro equals nine Mexican pesos.


Which of the following accurately explains what an exchange rate of 1 to 6 between U.S. dollars and Egyptian pounds means?

One U.S. dollar will buy six Egyptian pounds.


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cost are subtracted from revenues


Which of the following accurately explains what an exchange rate of 1:20 between the Canadian dollar and Japanese yen means?

It takes only one Canadian dollar to buy twenty Japanese yen.


What accurately explains what an exchange rate of 1.9 between the european euro and mexican pesos means?

An exchange rate of 1.9 between the European Euro and the Mexican Peso means that one Euro can be exchanged for one Mexican Peso and 90 centavos.


What accurately explains why fiat money has no value in itself?

Fiat money has only a single use as a medium of exchange.


What most accurately explains why fiat money has no value in itself?

Fiat money has only a single use as a medium of exchange.


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Fiat money has only a single use as a medium of exchange.


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European countries entered into military alliances that required them to protect one another from attacks


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Commodity money is a good that can be used as a medium of exchange or for some other purpose. Apex