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Question 3 (4 points) Let country A's price level be 100. Let country B's price level be 110. the GDP of country A is 10
Posted: Fri Jul 01, 2022 7:52 am
by answerhappygod
- Question 3 4 Points Let Country A S Price Level Be 100 Let Country B S Price Level Be 110 The Gdp Of Country A Is 10 1 (69.23 KiB) Viewed 35 times
Question 3 (4 points) Let country A's price level be 100. Let country B's price level be 110. the GDP of country A is 105,000 A-dollars and the GDP of country B is 100,000 B-dollars. The exchange rate between the two countries is 1.45 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