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(Solved): 1a. Suppose you are a Canadian and work in Qatar. Your paycheck is in dollars and you make $100,000. ...



1a. Suppose you are a Canadian and work in Qatar. Your paycheck is in dollars and you make $100,000. If the exchange rate (ER) is $1=C1.25, how much in Canadian dollars do you earn?

 

 

 

 

 

 

b. If the ER moves to parity, or in other words $1=C1, how much has your wage changed in Canadian dollars?

 

 



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a) With exchange rate $1 = C1.25, salary of $100,000 in Canadian dol
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