× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
c
5
j
5
a
5
L
5
f
5
j
5
D
4
k
4
y
4
t
4
h
4
l
4
New Topic  
Chako Chako
wrote...
Posts: 2948
8 years ago
Find the real exchange rate for the following case: Assume that the representative basket of European goods and services costs 40 euros and the representative U.S. basket costs $50, and the dollar/euro exchange rate is $0.90 per euro, then the price of the European basket in terms of U.S. basket is ________.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 93 times
3 Replies

Related Topics

Replies
wrote...
8 years ago
 [(0.9 $/euro) (40 euro per a European basket)]/[(50 $/U.S. basket)]
Chako Author
wrote...
8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
wrote...
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  912 People Browsing
 159 Signed Up Today
Related Images
  
 2476
  
 286
  
 287
Your Opinion
How often do you eat-out per week?
Votes: 80