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Other Fields Homework Help Economics Topic started by: Tidy on Jun 22, 2015



Title: If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadian do
Post by: Tidy on Jun 22, 2015
If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadian dollars per American dollar, how many American dollars are required to buy a product that costs 2.5 Canadian dollars?
A) $1.32
B) $2.23
C) $2.75
D) $2.81


Title: Re: If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadia
Post by: eurocoin on Jul 2, 2015
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