The real exchange rate for the United States is calculated a

The real exchange rate for the United States is calculated as _____. A. Dollar price of basket of goods times Foreign price of same basket of goods/Nominal exchange rate B. Dollar price of basket of goods - Foreign price of same basket of goods/Nominal exchange rate C. Dollar price of basket of goods times Nominal exchange rate/Foreign price of same basket of goods D. Dollar price of basket of goods - Foreign price of same basket of goods times Nominal rate exchange

Solution

C. Dollar price of basket of goods*Nominal exchange rate/Foreign price of same basket of goods