1. A company experienced an increase in revenue from U.K. as shown below.

Year Revenue Exchange rate

2015 10,000 $1.5254 per

2016 10,500 $1.3555 per

Compute the percentage rate of change in the revenue in (nominal) dollar terms.

2.

A company experienced an increase in revenue from U.K. as shown below.

Year Revenue Exchange rate

2015 10,000 $1.5254 per

2016 10,500 $1.3555 per

If the inflation in the U. S. was 3% compute the real rate of change in the revenue in dollar terms.