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Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406

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BuyFindarrow_forward

Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406
Textbook Problem

If $1 equals 7.7 krone (Danish), what does 1 krone equal?

To determine

Calculate the value of krone (Danish).

Explanation

1 dollar is equal to 7.7 krone. The value of a krone for 1 dollar can be calculate as follows.

Dollar per krone=1krone per dollar

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