The current exchange rate between Canadian dollar and British Pound is 1 Pound = 1.55 C$. If the C$ weakens by 1.25% relative to the British pound, how much will be C$ per British Pound? ____________.What is the percentage that British pound appreciates? ______________%. (Please pay attention to this %, if your answer is like 22.45%, you should input 22.45)

Principles of Economics, 7th Edition (MindTap Course List)
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ISBN:9781285165875
Author:N. Gregory Mankiw
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Chapter31: Open-Economy Macroeconomics: Basic Concepts
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The current exchange rate between Canadian dollar and British Pound is 1 Pound = 1.55 C$. If the C$ weakens by 1.25% relative to the British pound, how much will be C$ per British Pound? ____________.What is the percentage that British pound appreciates? ______________%. (Please pay attention to this %, if your answer is like 22.45%, you should input 22.45)

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