PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
7th Edition
ISBN: 9781260110920
Author: Frank
Publisher: MCG
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Chapter 17, Problem 1RQ
To determine
Calculation of nominal exchange rate.
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Suppose that one year ago the spot rate for the British pound was $1.17 per pound, while the spot rate for the peso was $0.65 per peso.
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Chapter 17 Solutions
PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
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