If the 2000 yen exchange rate was 0007692 what should the, Business Management

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If the 2000 yen exchange rate was 0007692 what should the

From base price levels of 100 in 2000, Japanese and U.S. price levels in 2003 stood at 102 and 106, respectively.

a. If the 2000 $:¥ exchange rate was $0.007692, what should the exchange rate be in 2003?

b. In fact, the exchange rate in 2003 was ¥ 1 = $0.008696. What might account for the discrepancy? (Price levels were measured using the consumer price index.)

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Business Management: If the 2000 yen exchange rate was 0007692 what should the

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Business Management: If the 2000 yen exchange rate was 0007692 what should the

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