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Good That Cost One Half Dollar in the U

Question 53

Multiple Choice

Good that cost one half dollar in the U.S.cost one euro in Germany,the real exchange rate would be computed as how many German goods per U.S.goods?


A) one half
B) one half the price of the U.S.goods
C) one half the number of euros it takes to buy a U.S.dollar
D) None of the above is correct.

Correct Answer:

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