Country A and country B exchange rate is 1:6, a product C is cost 11 dollars of country B currency.
Country A economy is in inflation, more than 10% of the money were issue, meanwhile social productivity increased by 20%, How many product C can be sold out by using 20 dollars of country A currency?
A child's abnormal high school economy study questions .
This is a questions in Indian High school economy exam from my nephew, i was stun during first time i saw this. i am proud to be an Indian, since our high school examination is so abnormal difficult and sophisticated compare to the less of the world. How you think about this question? Please feel free to give your solution and comments. Actually i already got my answer, i just want to know how many of you can answer it correctly. Thank you.
Country A economy is in inflation, more than 10% of the money were issue, meanwhile social productivity increased by 20%, How many product C can be sold out by using 20 dollars of country A currency?
A child's abnormal high school economy study questions .
This is a questions in Indian High school economy exam from my nephew, i was stun during first time i saw this. i am proud to be an Indian, since our high school examination is so abnormal difficult and sophisticated compare to the less of the world. How you think about this question? Please feel free to give your solution and comments. Actually i already got my answer, i just want to know how many of you can answer it correctly. Thank you.