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Suppose that the exchange rate between the Canadian dollar and the Euro is 2 Euros per Canadian dollar.

(i) What is the exchange rate in terms of dollars per Euro?

(ii) What is the price in dollars of a i-phone selling for 250 Euros?

(iii) What is the price in Euros of a computer selling for $1,000 dollars?

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9161760

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