在慕尼黑,一根多昧腊肠卖2欧元;在波士顿的芬维公园(Fenway Park),一只热狗卖1美元。当汇率为每欧元1.5美元时
在慕尼黑,一根多昧腊肠卖2欧元;在波士顿的芬维公园(Fenway Park),一只热狗卖1美元。当汇率为每欧元1.5美元时,以热狗表示的多味腊肠的价格是多少?当其他条件相同。而美元升值为每欧元1.25美元时,相对价格会如何变化?与最初的情况相比,热狗相对于多昧腊肠是变贵了还是变便宜了?
In Munich a bratwurst costs 2 euros:a hot dog costs $1 at Boston's Fenway Park.At an exchange rate of $1.50/per euro.what is the price of a bratwurst in terms of hot dogs? All else equal.how does this relative price change if the dollar appreciates to $1.25 per euro? Compared with the initial situation,has a hot dog become more or less expensive relative to a bratwurst?