Question
Your favorite running shoes cost $96 in the U.S. while the identical shoe cost Can$119.30 in Canada. According to absolute purchasing power parity, what is
Your favorite running shoes cost $96 in the U.S. while the identical shoe cost Can$119.30 in Canada. According to absolute purchasing power parity, what is the Can$/$ exchange rate?
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Can$.8047/$
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Can$.8397/$
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Can$1.2924/$
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Can$1.3315/$
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Can$1.2427/$
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Finance And Economics Discussion Series Expectations Learning And The Costs Of Disinflation Experiments Using The FRB US Model
Authors: United States Federal Reserve Board, Antulio Bomfim
1st Edition
1288721609, 9781288721603
