If the nominal exchange rate between SA rands and US dollars is R0.50 per $1.00, how many dollars can you get for a rand?
A)$0.50
B)$1.00
C)$1.50
D)$2.00
E)None of these answers.

Question

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The Answer of If the nominal exchange rate between SA rands and US dollars is R0.50 per $1.00, how many dollars can you get for a rand?
A)$0.50
B)$1.00
C)$1.50
D)$2.00
E)None of these answers.

If the Nominal Exchange Rate Between SA Rands and US