Question
In 2000, a German automobile sold for 21,000 Euro or $17,500. If the same German car still sold for the same amount of Euro today
In 2000, a German automobile sold for 21,000 Euro or $17,500. If the same German car still sold for the same amount of Euro today but the US Dollar is now depreciating by 44% against Euro since the 2000 exchange rate, what would the German car be selling for today in U.S. dollars?
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
