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pls see attached Suppose the initial exchange rate is $1.35 CDN for $1 US. After 10 years, the United States price level has risen from

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Suppose the initial exchange rate is $1.35 CDN for $1 US. After 10 years, the United States price level has risen from 100 to 150, and the Canadian price level has risen from 100 to 240. Note: Please be sure to be as accurate as possible and to round your answers to two decimal places. a) Which country experienced the higher inflation rate? (select one) experienced higher inflation. b) What nominal exchange rate would preserve the initial real exchange rate? $0 CDN for $1 US c) If the initial nominal exchange rate remained the same after 10 years, Canada's real exchange rate with the U.S. has: Canada's real exchange rate with the U.S. has (select one)

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