Use the information in the chart to calculate the real exchange rate between the U.S. dollar and the Indian rupee. Round to the nearest whole number. rupees/dollar U.S. price index Indian price index What was the real exchange rate in 2014? real exchange rate: What was the real exchange rate in 2015? real exchange rate: 2014 2015 61 67 99.9 100.5 112 122 2016 72 101.1 128 rupees/dollar rupees/dollar

Use the information in the chart to calculate the real exchange rate between the U.S. dollar and the Indian rupee. Round to the nearest whole number. rupees/dollar U.S. price index Indian price index What was the real exchange rate in 2014? real exchange rate: What was the real exchange rate in 2015? real exchange rate: 2014 2015 61 67 99.9 100.5 112 122 2016 72 101.1 128 rupees/dollar rupees/dollar

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

100%

Use the information in the chart to calculate the real exchange rate between the U.S. dollar and the Indian rupee. Round to the
nearest whole number.
rupees/dollar
U.S. price index
Indian price index
What was the real exchange rate in 2014?
real exchange rate:
What was the real exchange rate in 2015?
real exchange rate:
What was the real exchange rate in 2016?
2014 2015
61
67
99.9
100.5
112
122
2016
72
101.1
128
rupees/dollar
rupees/dollar

What was the real exchange rate in 2014?
real exchange rate:
What was the real exchange rate in 2015?
real exchange rate:
What was the real exchange rate in 2016?
real exchange rate:
rupees/dollar
rupees/dollar
rupees/dollar

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