Question
on january 1 the price indices are respectively equal in europe and in japan at 110 and 120 the yen rate is equal to 100
on january 1 the price indices are respectively equal in europe and in japan at 110 and 120 the yen rate is equal to 100 jpy = 1eur
if on december 31 the price indices are respectively equal to 115 and 130 what should be the rate of the yen against the euro?
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Public Finance
Authors: Charles Francis Bastable
1st Edition
1375520083, 978-1375520089
