Multiple Choice
If it took as many dollars to buy goods in the United States as it did to buy enough currency to buy the same goods in India,the real exchange rate would be computed as how many Indian goods per U.S.goods?
A) one
B) the number of dollars needed to buy U.S.goods divided by the number of rupees needed to buy Indian goods
C) the number of rupees needed to buy Indian goods divided by the number of dollars needed to buy U.S.goods
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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