Use the hypothetical information in the following table to answer the questions below

Country	Currency	Currency per US Dollar	US Price Index	Country Price Index	Real Exchange Rate (E)	Currency per US Dollar (PPP holds)
Canada	Real	1.20	200	240
Japan	Yen	88	200	25,000
China	Yuan	6.80	200	700

Calculate real exchange rates (E) for Canada, Japan, & China in the above table

1. Real Exchange Rates (E) for Canada ________

2. Real Exchange Rates (E) for Japan ________

3. Real Exchange Rates (E) for China ________

4. Currency per USD (if PPP holds) for Canada _________

5. Currency per USD (if PPP holds) for Japan_________

6. Currency per USD (if PPP holds) for China_________

7. For which currency does the PPP hold ______

8 Which currency is less valuable than predicted _______

9. which currency is more valuable than predicted. _____

10. In real terms the US goods are more expensive than goods in which country? ______