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The price level in the Eurozone is 112.4 the price level in the United States is 116.2 , and the nominal exchange rate is 85
The price level in the Eurozone is 112.4
the price level in the United States is 116.2
, and the nominal exchange rate is
85 euro cents per U.S. dollar.
What is the real exchange rate expressed as Eurozone real GDP per unit of U.S. realGDP?
The real exchange rate expressed as Eurozone real GDP per unit of U.S. real GDP was
nothing
.
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