Business
Business, 17.12.2019 02:31, fsugg9168

The exchange rate between the british pound and the u. s. dollar is 2. in england, the price level is 1.0 and the one-year interest rate is 20%. in the united states, the price level is .8 and the one-year interest rate is 8%. the inflation rate in both countries is zero. refer to the information above. the real exchange rate (from the united states' perspective) is
a. 625.
b. 8.
c. 1.6.
d. 2.0.
e. none of the above

answer
Answers: 2

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The exchange rate between the british pound and the u. s. dollar is 2. in england, the price level i...

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