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Chrome File Edit View History Bookmarks People Tab Window Help 1 $ 85% Mon 3:15 PM Q E . . . Lab 9 (Question 8) ~ Lyryx Learning Inc laecon1.lyryx.com/student-servlets/LabServlet?ccid=3693 lyryx advancing earning Print Preferences Help Lab 9 (Question 8) Name: Rawan Abbas Date: 2020-07-20 Question 8 [6 points] Suppose the initial exchange rate is $1.15 CDN for $1 US. After 10 years, the United States price level has risen from 100 to 150, and the Canadian price level has risen from 100 to 180. Note: Please be sure to be as accurate as possible and to round your answers to two decimal places. a) Which country experienced the higher inflation rate? (select one) experienced higher inflation. b) What nominal exchange rate would preserve the initial real exchange rate? $0 CDN for $1 US c) If the initial nominal exchange rate remained the same after 10 years, Canada's real exchange rate with the U.S. has: Canada's real exchange rate with the U.S. has (select one). Official Time: 15:15:23 SUBMIT AND MARK SAVE AND CLOSE Lab 9 (Question 8) ~ Lyryx Learning Inc JUL 20 TALK