econ522 09 29 2017 - github pages · 2020-03-18 · macroeconomics gregory mankiw buy used buy new...

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ECON 522Sept 29, 2017

Compare Prices

Which would be cheaper to purchase?Nominal Price

US $ Price

101.34 USD

UK Price

101.78 GBP

EU Price

74.99 EUR

Compare PricesNominal Price

Currency Price in USD

Book Price in USD

US $ Price

101.34 USD 1 USD = 1 USD 101.34 USD

UK Price

101.78 GBP 1 GBP = 1.34 USD 136.39 USD

EU Price

74.99 EUR 1 EUR = 1.183 USD 88.71 USD

Compare PricesNominal Price

Currency Price in USD

Book Price in USD

Implied Real Exchange Rate

US $ Price

101.34 USD 1 USD = 1 USD 101.34 USD 1

UK Price

101.78 GBP 1 GBP = 1.34 USD 136.39 USD .743

EU Price

74.99 EUR 1 EUR = 1.183 USD 88.71 USD 1.142

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