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Goods That Cost 1/5 of One Dollar in the U

Question 46

Multiple Choice

Goods that cost 1/5 of one dollar in the U.S.cost one kroner in Denmark,the real exchange rate would be computed as how many Danish goods per U.S.goods?


A) five
B) the amount of kroner that can be bought with twenty U.S.cents
C) the amount of kroner that can be bought with 5 dollars
D) None of the above is correct.

Correct Answer:

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