If the exchange rate is ¥200 per U.S. dollar, the U.S. price level is 120, and the Japanese price level is 600, then the real exchange rate is:

Name: If the exchange rate is ¥200 per U.S. dollar, the U.S. price level is 120, and the Japanese price level is 600, then the real exchange rate is:
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The real exchange rate is calculated as (Nominal Exchange Rate * Domestic Price Level) / Foreign Price Level. Here, it is (200 * 120) / 600 = 40. Thus, the real exchange rate is ¥40 per U.S. dollar.

If the Exchange Rate Is ¥200 Per U