The following table gives selective data on nominal exchange rates, price levels, and real exchange rates for
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Nominal Exchange Rate (AS per unit of Price Level Price LevelinReal Other Countrv Exchange Rate other currency in Country A S1.25 per unit of Countryscurrency B ountry B 114.5 88.3 Country C 114.5 95.6 1.23 S0.55 per unit of Country currency D 114.5 0.80 ountry D
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Related Book For
Money Banking and Financial Markets
ISBN: 978-0078021749
4th edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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