Business
Business, 22.04.2020 03:07, luzinaustin

A European washing machine costs 1000 Euros. A U. S. washing machine costs 1000 dollars. If the nominal exchange rate is $0.50 per Euro the real exchange rate is A. 1.5 European washing machines per U. S. washing machine. B. 1 European washing machine per U. S. washing machine. C. 0.5 European washing machine per U. S. washing machine. D. 2 European washing machines per U. S. washing machine.

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A European washing machine costs 1000 Euros. A U. S. washing machine costs 1000 dollars. If the nomi...

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