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Mathematics, 23.11.2020 01:20 labrandonanderson00
If the real exchange rate is 5/4 pounds of Chilean beef per pound of U. S. beef, a pound of U. S. beef costs $2 and the nominal exchange rate is 500 Chilean pesos per dollar, then Chilean beef costs
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If the real exchange rate is 5/4 pounds of Chilean beef per pound of U. S. beef, a pound of U. S. be...
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