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Guest Guest
wrote...
6 years ago
In July 2008, a British pound could buy $2. By October 2008, a pound could buy $1.55. Over the four months, the
A) pound depreciated against the dollar.
B) the real exchange rate did not change.
C) pound appreciated against the dollar.
D) the U.S. inflation rate increased.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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1 Reply
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Answer verified by a subject expert
haidy s.haidy s.
wrote...
Posts: 64
6 years ago
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6 years ago
Thanks
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Just got PERFECT on my quiz
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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