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rbowen87 rbowen87
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A year ago
Scenario: Suppose India borrows $10,000 from the United States at the beginning of 2016. The flexible exchange rate is 50 Indian rupees per dollar.


Refer to the scenario above. If India pegs the exchange rate at 70 rupees per dollar, it will require ________ rupees to repay the loan in dollars.

▸ 700,000

▸ 70

▸ 70,000

▸ 7,000
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Macroeconomics

Macroeconomics


Edition: 3rd
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lewmyrlewmyr
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A year ago
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rbowen87 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jblazah
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Yesterday
This helped my grade so much Perfect
Danivalda
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2 hours ago
You make an excellent tutor!
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