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Recent content by DeRenChang

  1. D

    A Level Economics:

    Can someone enlighten me on this Between 1981 and 1995 the $/£ exchange rate fell from 2.00 to 1.50. Over this period the general price level in the US increased by 50%, while prices in the UK increased by 100%. What happened to the real $/£ exchange rate between 1981 and 1995?
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