A particular brand of shampoo costs 6 Canadian dollars in Toronto.The nominal exchange rate is about 1.2 and the real exchange rate is .90.These numbers imply that the U.S.dollar price of the same shampoo is about
A)$7.99
B)$6.49
C)$5.39
D)$4.49

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The Answer of A particular brand of shampoo costs 6 Canadian dollars in Toronto.The nominal exchange rate is about 1.2 and the real exchange rate is .90.These numbers imply that the U.S.dollar price of the same shampoo is about
A)$7.99
B)$6.49
C)$5.39
D)$4.49

A Particular Brand of Shampoo Costs 6 Canadian Dollars in Toronto.The