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A Pair of Hiking Boots Costs $120 in the U

question 179

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A pair of hiking boots costs $120 in the U.S., if the real exchange rate is 6/5 and the nominal exchange rate is 2 Brazilian reais per dollar, what is the price of the same hiking boots in Brazil?
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Fairly Treated

The perception of being treated with justice and equity in various contexts, including the workplace or legal systems.

Formal Promotions

The advancement of an employee to a higher position or rank within an organization, often accompanied by increased responsibilities and a higher salary, through a formal evaluation process.

Opportunities

Circumstances or situations that present prospects for growth, advancement, or success.

Growth

The process of increasing in size, quantity, value, or strength.

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