This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume the nominal dollar-per-euro (/) exchange rate appreciates by 2, U.S. prices rise by 5 and ... (Read 39 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Assume the nominal dollar-per-euro (/) exchange rate appreciates by 2, U.S. prices rise by 5 and Euro-Area prices rise by 3. By approximately how much does the real exchange rate change?
 a. 2
  b. There is no change.
  c. 3
  d. 4
  e. 5

Question 2

Assume the nominal dollar-per-euro (/) exchange rate appreciates by 2, U.S. prices rise by 5 and Euro-Area prices rise by 3. By approximately how much does the real exchange rate change?
 a. There is no change.
  b. 1
  c. 2
  d. 3
  e. 4


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kescobar@64

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

.B

Answer to Question 2

.A


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Gracias!

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Regulation of heat exchange in the skin. Regulation of heat exchange in the skin.
The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was
Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th
Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere
Enzymatic rate enhancements Enzymatic rate enhancements
The consequences of a single exchange between two nonsister chromatids The consequences of a single exchange between two nonsister chromatids
Video: Hyperglycemia Animation

For a complete list of videos, visit our video library