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    If the Price Level in Canada Is 110, the Price
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If the Price Level in Canada Is 110, the Price

Question 77

Question 77

Multiple Choice

If the price level in Canada is 110, the price level is 120 in Mexico, and the nominal exchange rate is 140 pesos per dollar, what is the real exchange rate from the Canadian perspective?


A) 94
B) 115
C) 128
D) 141
E) 153

Correct Answer:

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