Brief Principles of Macroeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN: 9781337091985
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Exchange Rates
Country (currency)
China (yuan)
Argentina (peso)
Germany (euro)
Britain (pound)
US dollar ($) / per currency
0.15
0.01
1.2
|1.3
A computer manufactured in the US costs $500. Using the exchange rates listed in Table below, what
would the bicycle cost in each of the following countries?
4. China
5. Argentina
6. Germany
7. Britain
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Transcribed Image Text:Exchange Rates Country (currency) China (yuan) Argentina (peso) Germany (euro) Britain (pound) US dollar ($) / per currency 0.15 0.01 1.2 |1.3 A computer manufactured in the US costs $500. Using the exchange rates listed in Table below, what would the bicycle cost in each of the following countries? 4. China 5. Argentina 6. Germany 7. Britain
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