An increase in the value of the domestic currency in terms of the foreign currency means that ________.

qwertybio

wrote...

Go to Answer

Posts: 68

Rep:

3 months ago

An increase in the value of the domestic currency in terms of the foreign currency means that ________.

An increase in the value of the domestic currency in terms of the foreign currency means that ________.

▸ the domestic currency has appreciated and the nominal exchange rate has risen

▸ the domestic currency has depreciated and the nominal exchange rate has fallen

▸ the domestic currency has depreciated and the nominal exchange rate has risen

▸ the domestic currency has appreciated and the nominal exchange rate has fallen

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 5 times

1 Reply

Report

Replies

Answer verified by a subject expert

Akabbett1

wrote...

Posts: 61

Rep:

3 months ago

More solutions for this book are available here

Report

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Study Tools My Flashcards Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2023 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.

An increase in the value of the domestic currency in terms of the foreign currency means that ________.

Macroeconomics

Related Topics