If the real exchange rate is 1.80, the U.S.price level is 120, and the foreign price level is 240, what is the dollar price of foreign exchange?
A) 3) 6
B) 2) 0
C) 0) 9
D) 0) 8
E) 0) 5
Correct Answer:
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A)the
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Q20: Which of the following is FALSE?
A)a rise
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