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

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter21: International Finance

Section: Chapter Questions

Problem 2WNG

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