Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
johnpaul92 johnpaul92
wrote...
Go to Answer
Posts: 2600
Rep: 9 0
8 years ago
The nominal exchange rate is 15 crowns per florin, the domestic price level is 6 florins/bottle, and the foreign price level is 2 crowns/bushel.
(a)   What is the real exchange rate?
(b)   What is the real exchange rate in the foreign country?
(c)   If the domestic price level rises to 8 florins/bottle, what must the nominal exchange rate become if the real exchange rate remains unchanged?
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 138 times
3 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
#1
Top Poster
Posts: 2219
Rep: 49 0
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...
#2
8 years ago
This answers my question, thank you so much
wrote...
#3
8 years ago
Take care for now
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1129 People Browsing
 117 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 430
  
 975
  
 4284
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Which 'study break' activity do you find most distracting?