Answer Happy

Posted: **Sun Jun 05, 2022 11:31 am**

: 3 15 Nominal Exchange Rate E Of A Country Z S National Currency Peso Is 20 Peso 1 Usd At 1 000 Peso In The 1 (17.13 KiB) Viewed 44 times

: 3 15 Nominal Exchange Rate E Of A Country Z S National Currency Peso Is 20 Peso 1 Usd At 1 000 Peso In The 2 (17.13 KiB) Viewed 44 times

3. (15%) Nominal exchange rate (e) of a country Z's national currency - peso - is: 20 peso = 1 USD. At 1,000 peso in the country Z it is possible to purchase as much of goods and services as for 40 USD in the USA. Find the real exchange rate (q) of peso against USD. Is peso undervalued or overvalued?