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PART (b): Some of the numbers in the table below could not be printed due to printing error. Calculate and write these missing numbers in
PART (b): Some of the numbers in the table below could not be printed due to printing error. Calculate and write these missing numbers in the blank (shaded) cells in the table to complete your answer. [3 Marks]. ANSWER: Nominal Real Domestic price Foreign price exchange rate exchange rate level level 10 10 20 20 3 0 40 5 0 60 5 0 3 0 40 80 120 70 80 Note: Nominal exchange rate is dened in terms of the number of units of domestic currency per unit of foreign currency
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