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The exchange rate at the end of the year is SF0.9800/$. The price level of a typical consumption basket in Switzerland is SF123 and the

The exchange rate at the end of the year is SF0.9800/$. The price level of a typical consumption basket in Switzerland is SF123 and the price level of a typical consumption basket in the United States is $101 at the end of the year. Calculate the real exchange rate at the end of the year.

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