If a computer costs pound1200 in uk and 1650 in the us when
Economy question
If a computer costs £1200 in U.K and $1650 in the U.S. when nominal exchange rate is $1.45/£, what is the real exchange of £? How many U.S computers trade for one U.K computer?
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economy questionif a computer costs pound1200 in uk and 1650 in the us when nominal exchange rate is 145pound what is
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