1: N 3 Question 3 (4 points) Let country A's price level be 100. Let country B's price level be 60. the GDP of country A
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1: N 3 Question 3 (4 points) Let country A's price level be 100. Let country B's price level be 60. the GDP of country A
Question 3 (4 points) Let country A's price level be 100. Let country B's price level be 60. the GDP of country A is 92,000 A-dollars and the GDP of country B is 100,000 B-dollars. The exchange rate between the two countries is 1.30 A-dollars per B-dollar. What is the GDP of country A, expressed in PPP, using country B as a reference country? Your Answer: Answer Submit Quiz 0 of 3 questions saved
1: N 3