Which of the following units of measurement would be appropriate for a real exchange rate?
A)9 euros per dollar
B)15 euros per basket of Canadian goods
C)1/2 case of German beer per case of Canadian beer
D)1/2 case of German beer per dollar of Canadian beer

Question

Quizplus · Accepted Answer

The real exchange rate is typically expressed as a ratio of goods between two countries, such as the amount of one country's goods that can be exchanged for another's, making option C appropriate.

Which of the Following Units of Measurement Would Be Appropriate