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Everything else being equal, when the domestic currency depreciates against a foreign currency, ________.
jonaschem16
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Everything else being equal, when the domestic currency depreciates against a foreign currency, ________.
Everything else being equal, when the domestic currency depreciates against a foreign currency, ________.
▸ there is no change in the nominal exchange rate
▸ there is no change in the real exchange rate
▸ the nominal exchange rate goes down
▸ the nominal exchange rate goes up
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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the nominal exchange rate goes down
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The nominal exchange rate is the
The real exchange rate is the
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jonaschem16
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6 months ago
this is exactly what I needed
nadiia
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This helped my grade so much
Cdfields
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Smart ... Thanks!
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