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Chako Chako
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Posts: 2948
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8 years ago
The domestic currency price of a representative domestic expenditure basket is
A) P times E, the foreign price level times the nominal exchange rate.
B) P, the foreign price level.
C) E, the nominal exchange rate.
D) P, the domestic price level.
E) P times E, the domestic price level times the domestic price level.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
wrote...
#3
8 years ago
Happy to help you!
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