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An increase in the value of the foreign currency in terms of the domestic currency means that ________.
pgakui
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An increase in the value of the foreign currency in terms of the domestic currency means that ________.
An increase in the value of the foreign currency in terms of the domestic currency means that ________.
▸ the foreign currency has appreciated and the nominal exchange rate has risen
▸ the domestic currency has appreciated and the nominal exchange rate has fallen
▸ the domestic currency has depreciated and the nominal exchange rate has risen
▸ the foreign currency has appreciated and the nominal exchange rate has fallen
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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the foreign currency has appreciated and the nominal exchange rate has fallen
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The nominal exchange rate is the
The real exchange rate is the
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An increase in the value of the domestic currency in terms of the foreign currency means that ________.
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A decrease in the value of the foreign currency in terms of the domestic currency means that ________.
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If a country wants to keep a foreign currency overvalued against its domestic currency, ________.
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pgakui
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3 months ago
This calls for a celebration
MLynneMcMillan
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Yesterday
I appreciate what you did here, answered it right
Gamiung3657
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2 hours ago
this is exactly what I needed
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