Answer
$\frac{1}{16}$
Work Step by Step
$(\frac{2}{3})^{2} \times (\frac{3}{8})^{2}$ =
$\frac{4}{9} \times \frac{9}{64}$ =
$\frac{1}{1} \times \frac{1}{16}$ =
$\frac{1}{16}$
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