How does the exchange rate of the us dollar change


Problem:

a) A German sports car is selling for 70,000 euros. What is the dollar price in the United States for the German car if the exchange rate is 0.90 euro per dollar?

b) If the British pound appreciates from $0.50 per pound to $0.75 per pound, how does the exchange rate of the US. dollar change?

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Microeconomics: How does the exchange rate of the us dollar change
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