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During 1 9 9 5 , the Mexican peso exchange rate rose from Mex$ 5 . 3 3 / U . S . $ to
During the Mexican peso exchange rate rose from Mex$US$ to Mex$US$ note that Mex $ is the symbol of mexican peso At the same time, US inflation was approximately in contrast to Mexican inflation of about a By how much did the nominal value of the peso change during b By how much did the real value of the peso change over this period? hint: you need to convert nominal value to real value before computing the real changes
Can you please put the answer in percentages?
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