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seraphel seraphel
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A year ago
Real and Nominal Exchange Rates

If the nominal exchange rate between the U.S. dollar and the Mexican peso is 21.4 pesos per dollar, how many dollars are required to buy a product that costs 62 pesos? (Round to the nearest hundredth.)

▸ $2.90

▸ $0.56

▸ $40.60

▸ $0.35
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Macroeconomics

Macroeconomics


Edition: 3rd
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patriciakim08patriciakim08
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A year ago
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