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Other Fields Homework Help Economics Topic started by: yesure5294 on Nov 10, 2022



Title: Real and Nominal Exchange RatesWhile travelling in Venice, Italy, you decide you would like to buy a ...
Post by: yesure5294 on Nov 10, 2022
Real and Nominal Exchange Rates

While travelling in Venice, Italy, you decide you would like to buy a Murano glass vase. You are willing to pay $950 for the vase, but the vases are all priced in euros. If the exchange rate is 0.78 euros per dollar, what is the highest price in euros you would be willing to pay for a vase?  (Round to the nearest hundredth.)

▸ 1217.95 euros

▸ 1691 euros

▸ 741 euros

▸ 533.71 euros


Title: Real and Nominal Exchange RatesWhile travelling in Venice, Italy, you decide you would like to buy a ...
Post by: Mspractical on Nov 10, 2022
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