The following table shows the price,in Canadian dollars,of utops,the currency used in the hypothetical economy of Utopia.Assume that a system of flexible exchange rates is in place.

-Refer to the information above to answer this question.What is the equilibrium rate of exchange of the utop?
A) $1.
B) $2.
C) $3.
D) $4.
E) $5.
Correct Answer:
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Q38: The following table shows the price,in Canadian
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