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Agood in the u. s. costs $20. the same good costs 150 pesos in mexico. if the nominal exchange rate is 10 pesos per dollar, what is the real exchange rate? a. 4/3 so the good is more expensive in the u. s. b. 3/4 so the good is more expensive in the u. s. c. 3/4 so the good is more expensive in mexico d. 4/3 so the good is more expensive in mexico
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Agood in the u. s. costs $20. the same good costs 150 pesos in mexico. if the nominal exchange rate...
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