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    Exam 29: Macroeconomics in an Open Economy
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    If the Exchange Rate Between the Mexican Peso and the U.S.dollar
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If the Exchange Rate Between the Mexican Peso and the U.S.dollar

Question 7

Question 7

Essay

If the exchange rate between the Mexican peso and the U.S.dollar expressed in terms of pesos per dollar is 13.5 pesos = 1 dollar,what is the exchange rate when expresses in terms of dollars per peso?

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