Assume the nominal dollar-per-euro (/) exchange rate appreciates ...

[asan beg]

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

[kescobar@64]

Answer to Question 1

.B

Answer to Question 2

.A

[asan beg]

Wow, this really help

[carojassy25]

Excellent