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Author Question: Real and Nominal Exchange RatesAssuming the United States is the "domestic" country, if the real ... (Read 25 times)

shivanipalawai@gmail.com

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on: Nov 23, 2022
Real and Nominal Exchange Rates

Assuming the United States is the "domestic" country, if the real exchange rate between the United States and Switzerland increases from 0.85 to 1.4, then the prices of U.S. goods and services have increased by ________ relative to Switzerland. (Round to the nearest hundredth.)
◦ 39.29%
◦ 55%
◦ 64.71%
◦ 22.5%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by shivanipalawai@gmail.com on Nov 23, 2022

JulianneMu

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Reply #1 on: Nov 23, 2022
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shivanipalawai@gmail.com

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Reply 2 on: Nov 23, 2022
:D TYSM

nathang24

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Reply 3 on: Yesterday
Wow, this really help

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