The following table provides nominal exchange rates for the U.S. dollar.CountryForeign currency/dollarDollar/foreign currencyPoland (zloty)4.3670.229South Africa (rand)6.9440.144 Based on these data, the nominal exchange rate equals approximately ________ zloty per South African rand or, equivalently, ________ rand per Polish zloty.
A. 0.021; 47.640
B. 0.629; 1.590
C. 47.640; 0.021
D. 1.590; 0.629
Answer: B
Economics
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