Brazil - Geography & States | Countries of the World
4:57
YouTubeKLT
Brazil - Geography & States | Countries of the World
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6.8M viewsJul 16, 2016
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SOLVED: At the beginning of the year, the exchange rate between the Brazilian real and the U.S. dollar was 2.2 reals per dollar. Over the year, Brazilian inflation was 12 percent and U.S. inflation was 4 percent. If purchasing power parity holds, at year-end the exchange rate should be approximately 2.3913 dollars per real.
SOLVED: At the beginning of the year, the exchange rate between the Brazilian real and the U.S. dollar was 2.2 reals per dollar. Over the year, Brazilian inflation was 12 percent and U.S. inflation was 4 percent. If purchasing power parity holds, at year-end the exchange rate should be approximately 2.3913 dollars per real.
numerade.comJun 13, 2023
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