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MMLU-Pro / 7399 / Mr. Morris wishes to purchase an MGB convertible. When he calledon his local…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Mr. Morris wishes to purchase an MGB convertible. When he calledon his local British-Leyland dealer he was quoted a priceof \textsterling3500. Mr. Morris had planned on spending no more than$7500 for the car. a) If the exchange rate is \textsterling1 = $2.20, can he afford the car? b) How low must the exchange rate be in order for Mr. Morris tobuy the car?
Plain-text mathematical notation (without MathML)
Mr. Morris wishes to purchase an MGB convertible. When he calledon his local British-Leyland dealer he was quoted a priceof \textsterling3500. Mr. Morris had planned on spending no more than$7500 for the car. a) If the exchange rate is \textsterling1 = $2.20, can he afford the car? b) How low must the exchange rate be in order for Mr. Morris tobuy the car?
Original LaTeX notation
Mr. Morris wishes to purchase an MGB convertible. When he calledon his local British-Leyland dealer he was quoted a priceof \textsterling3500. Mr. Morris had planned on spending no more than$7500 for the car. a) If the exchange rate is \textsterling1 = $2.20, can he afford the car? b) How low must the exchange rate be in order for Mr. Morris tobuy the car?

category

economics

options

  1. He cannot afford the car; the pound must be $1.50
  2. He can afford the car; the pound must be $1.80
  3. He can afford the car; the pound must be $2.50
  4. He can afford the car; the pound must be $1.60
  5. He cannot afford the car; the pound must be $1.90
  6. He cannot afford the car; the pound must be $3.00
  7. He can afford the car; the pound must be $2.40
  8. He can afford the car; the pound must be $2.00
  9. He cannot afford the car; the pound must be $2.14
  10. He cannot afford the car; the pound must be $2.00

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7399
task_id
21bb2cdc-da82-5ee1-9a97-367ea611257f
task_key
default--test--7399
task_revision_id
1
config / split
default / test

Official source

initial import