Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
johnpaul92 johnpaul92
wrote...
Posts: 2600
Rep: 9 0
8 years ago
Three-wheel cars made in North Edsel are sold for 5000 pounds. Four-wheel cars made in South Edsel are sold for 10,000 marks. The real exchange rate between North and South Edsel is four three-wheel cars for three four-wheel cars. The nominal exchange rate between the two countries is
A) 2.00 marks/pound.
B) 1.50 marks/pound.
C) 0.66 marks/pound.
D) 0.50 marks/pound.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 225 times
4 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
Top Poster
Posts: 2219
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
8 years ago
Take care for now
wrote...
4 years ago
Thank you
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  2019 People Browsing
Related Images
  
 764
  
 520
  
 682
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484