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ang359 ang359
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A year ago
Real and Nominal Exchange Rates

Assuming the United States is the "domestic" country, if the real exchange rate between the United States and Switzerland increases from 0.85 to 1.4, then the prices of U.S. goods and services have increased by ________ relative to Switzerland. (Round to the nearest hundredth.)

▸ 39.29%

▸ 55%

▸ 64.71%

▸ 22.5%
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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overlandtrailoverlandtrail
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ang359 Author
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A year ago
You make an excellent tutor!
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this is exactly what I needed
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Correct Slight Smile TY
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