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Known: price of an input(2020): $20 USD Length of operation: 5 years Exchange rate in 2020( CAD/USD):1.40 real interest rate in Canada: 3.00% Annual inflation
Known:
price of an input(2020): $20 USD
Length of operation: 5 years
Exchange rate in 2020( CAD/USD):1.40
real interest rate in Canada: 3.00%
Annual inflation in Canada:1.50%
Annual inflation in the US:1.10%
Calculate:
1. real price of input (USD) in the year of 2020, 2021, 2022, 2023, 2024, 2025
2.nominal price of input (USD) in the year of 2020, 2021, 2022, 2023, 2024, 2025
3.real exchange rate(CAD/USD) in the year of 2020, 2021, 2022, 2023, 2024, 2025
4.relative price indext (base:2020) in the year of 2020, 2021, 2022, 2023, 2024, 2025
5.nominal exchange rate(CAD/USD) in the year of 2020, 2021, 2022, 2023, 2024, 2025
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