Question: Gilded Question. Before World War I, $20.67 was needed to buy one ounce of gold. If, at the same time, one ounce of gold could

Gilded Question. Before World War I, $20.67 was needed to buy

Gilded Question. Before World War I, $20.67 was needed to buy one ounce of gold. If, at the same time, one ounce of gold could be purchased in France for FF410.00, what was the exchange rate between French francs and U.S. dollars? The implied French franc/US dollar exchange rate is FF /S. (Round to two decimal places.) The implied US dollar/French franc exchange rate is S/FF. (Round to four decimal places.) Enter your answer in each of the answer boxes

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