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NNF1024 NNF1024
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1 months ago
How would you convert the Dollar price of the US basket of goods and services into the Dollar price of the Chinese basket?

▸ Multiply by the real exchange rate

▸ Divide by the real exchange rate

▸ Multiply by the nominal exchange rate

▸ Divide by the nominal exchange rate
Textbook 

Macroeconomics


Edition: 3rd
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sherry94sherry94
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1 months ago
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Divide by the real exchange rate

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NNF1024 Author
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1 months ago
Smart ... Thanks!
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Yesterday
Thanks
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2 hours ago
Brilliant
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