› CFA › CFA Level 1 › Question of the Week: Level 1 – Macroeconomics Search for:Search Button CFAFRMCAIACareersLounge GeneralLevel 1Level 2Level 3 Question of the Week: Level 1 – Macroeconomics Add A Reply Login Sign Up This topic has 2 replies, 2 voices, and was last updated Apr-2010:36 am by pinkmonkey. Author Posts pinkmonkeyParticipant Undecided 22 Apr 2020 at 10:36 am Up3:: Are there any ways to remember this kind of formula? MarkMeldrumParticipant Undecided 13 Apr 2020 at 6:16 pm Up2:: The correct answer is Option C. The real exchange rate can be approximated by: %ΔSd/f + CPIf – CPId or by %ΔSP/B + CPIP – CPIB The change in the real exchange rate would then be approximately 9% + 1.88% – 1.02% ≈ 9.86%. Author Posts Viewing 1 reply thread You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Register Log In