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Vethier 2016 Vethier 2016
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2 years ago
One dollar could be exchanged for 55 rupees in 2013 and for 60 rupees in 2014. This implies that the ________.

▸ rupee appreciated in 2014

▸ nominal exchange rate did not change in 2014

▸ real exchange rate did not change in 2014

▸ dollar appreciated in 2014
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Macroeconomics

Macroeconomics


Edition: 3rd
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tk9790tk9790
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Thanks for your help!!
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Just got PERFECT on my quiz
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