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Author Question: Assume the nominal dollar-per-euro (/) exchange rate appreciates by 2, U.S. prices rise by 5 and ... (Read 66 times)

asan beg

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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


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kescobar@64

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Reply #1 on: Jun 30, 2018
Answer to Question 1

.B

Answer to Question 2

.A


asan beg

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

abro1885

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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