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Home Q & A Board Other Fields Homework Help Business Economics
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mingjun mingjun
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5 years ago
Given the U.S. price level P, the foreign country price level P*, and the nominal exchange rate E expressed in foreign currency per U.S. dollar, the real exchange rate RER is given by
A) RER = E  (P/P*).
B) RER = E  (P*/P).
C) RER = (P/P*) / E.
D) RER = P / (E/P*).
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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hiitsskyhiitssky
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5 years ago
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mingjun Author
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You make an excellent tutor!
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