Suppose the price listed in The National Post column titled "in C$" for the Norwegian krone is.1987. This means that:

A) One Canadian dollar can be exchanged for NKr.1987.
B) One Canadian dollar can be exchanged for NKr 1.1987
C) One NKr can be exchanged for $.1987.
D) One NKr can be exchanged for $1.1987.
E) One NKr can be exchanged for $.8782.

Question

Teyona Little · Accepted Answer

Final Answer : C, Explanation :  The notation .1987 in the context of currency exchange means that one unit of the foreign currency (in this case, one Norwegian krone) can be exchanged for .1987 of the domestic currency (in this case, Canadian dollars).

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