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Use the hypothetical information in the following table to answer the questions below
| Country | Currency | Currency per US Dollar | US Price Index | Country Price Index | Real Exchange Rate (E) | Currency per US Dollar (PPP holds) |
| Canada | Real | 1.20 | 200 | 240 | | |
| Japan | Yen | 88 | 200 | 25,000 | | |
| China | Yuan | 6.80 | 200 | 700 | | |
Calculate real exchange rates (E) for Canada, Japan, & China in the above table
1. Real Exchange Rates (E) for Canada ________
2. Real Exchange Rates (E) for Japan ________
3. Real Exchange Rates (E) for China ________
4. Currency per USD (if PPP holds) for Canada _________
5. Currency per USD (if PPP holds) for Japan_________
6. Currency per USD (if PPP holds) for China_________
7. For which currency does the PPP hold ______
8 Which currency is less valuable than predicted _______
9. which currency is more valuable than predicted. _____
10. In real terms the US goods are more expensive than goods in which country? ______
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