Question 3 (4 points) Suppose I can buy a basket of goods for 100 CAD in Canada and for 90 USD in the US. If the nominal

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Question 3 (4 points) Suppose I can buy a basket of goods for 100 CAD in Canada and for 90 USD in the US. If the nominal

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Question 3 4 Points Suppose I Can Buy A Basket Of Goods For 100 Cad In Canada And For 90 Usd In The Us If The Nominal 1
Question 3 4 Points Suppose I Can Buy A Basket Of Goods For 100 Cad In Canada And For 90 Usd In The Us If The Nominal 1 (25.89 KiB) Viewed 13 times
Question 3 (4 points) Suppose I can buy a basket of goods for 100 CAD in Canada and for 90 USD in the US. If the nominal exchange rate is 1.20 CAD per USD, how many Canadian baskets of goods can I get for the price of one American basket of good? Include two decimals in your answer. Your Answer: Answer
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