QUESTION 1 Consider the exchange rate between U.S. Dollar and New Zealand Dollar: USD/NZD. If the exchange rate changed from 1.40 to 1.47, and inflation was 6.2% in the U.S. and 4.9% in New Zealand, then the real exchange rate increased by Note: Type in your answer rounded to two decimal places, i.e., your answer must be of the form "999.99". I will not be able to fix correct answers that were entered incorrectly, such as "999.999" or "999,99" or "999". and you should not do anything about it. In case of percentages, do not type in the percentage symbol "%". If your answer is a negative number, type a dash in front of your answer, i.e, "-999.99". percent. case the last digit in the correct answer is zero, e.g., "999.90" or "999.00", Blackboard may automatically delete it
QUESTION 1 Consider the exchange rate between U.S. Dollar and New Zealand Dollar: USD/NZD. If the exchange rate changed from 1.40 to 1.47, and inflation was 6.2% in the U.S. and 4.9% in New Zealand, then the real exchange rate increased by Note: Type in your answer rounded to two decimal places, i.e., your answer must be of the form "999.99". I will not be able to fix correct answers that were entered incorrectly, such as "999.999" or "999,99" or "999". and you should not do anything about it. In case of percentages, do not type in the percentage symbol "%". If your answer is a negative number, type a dash in front of your answer, i.e, "-999.99". percent. case the last digit in the correct answer is zero, e.g., "999.90" or "999.00", Blackboard may automatically delete it
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter34: International Finance
Section: Chapter Questions
Problem 2WNG
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