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 103 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
YES! Correct, THANKS for helping me on my review

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Because the leg muscles of children with muscular dystrophy are weak, they must perform the Gowers’ Because the leg muscles of children with muscular dystrophy are weak, they must perform the Gowers’
Gas exchange Gas exchange
Respiratory Rate Ranges of Various Age Groups Respiratory Rate Ranges of Various Age Groups
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
The radius of the Sun is 6.95 × 108 m. It radiates heat at the rate of 5.32 x 10 The radius of the Sun is 6.95 × 108 m. It radiates heat at the rate of 5.32 x 10
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library