Calculation of Exchange Rate

"• Using the exchange rates and prices in the tables above: 1.What was the Peso price for a U.S. burger in 2001? 2.What was the PPP exchange rate of the Argentine Peso in 2001? Peso____/US$ 3.Was the Peso overhauled or undervalued in 2001 and by how much?_____by what%_____ 4.What was the Peso price of a US burger in 2002?Peso________ 5.What was the PPP exchange rate of the Argentine Peso in2002? Peso___________/US$ 6.Was the Peso overvalued or undervalued in 2002, by how much? ________by______% • Between 2001 and 2002, relative to the dollar: --Has the real value of the Peso appreciated or depreciated & by how much?___________ "