i need the answer quickly If the price level in Japan is 10, the price level in the U.S. is 2.0, and it costs 100 Yen to buy one dollar,then the real exchange rate between the U.5, and Japan is200.50.100

exchange rate is the rate or price rate of currency exchange with each other in terms of other…

Answered: If the price level in Japan is 1.0, the…

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter6: An Introduction To The Foreign Exchange Market And The Balance Of Payments

Section: Chapter Questions

Problem 13E

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If the price level in Japan is 1.0, the price level in the U.S. is 2.0, and it costs 100 Yen to buy one dollar, then the real exchange rate between the U.S, and Japan is 2. 200. 50. 100