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(20) Find the missing real exchange rate given the following table. Date Real US/UK Nominal Exchange US CPI (Dec = 100) UK CPI (Dec =

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(20) Find the missing real exchange rate given the following table. Date Real US/UK Nominal Exchange US CPI (Dec = 100) UK CPI (Dec = 100) Exchange Rate rate ($/) Index (Dec = 100) December 100.000 1.3303 100.000 100.000 January 98.449 1.3555 100.842 100.526 February ???? 1.3540 101.763 100.438

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