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saratoga 22 saratoga 22
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A year ago
Real and Nominal Exchange Rates

If the price level in the United States is 105, the price level in Japan is 143, and the nominal exchange rate is 117 yen per dollar, then what is the real exchange rate from the U.S. perspective? (Round to the nearest whole number.)

▸ 86 yen per dollar

▸ 155 yen per dollar

▸ 159 yen per dollar

▸ 73 yen per dollar
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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Chintan13Chintan13
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A year ago
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saratoga 22 Author
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A year ago
Thanks
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Yesterday
You make an excellent tutor!
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2 hours ago
Smart ... Thanks!
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