Top Posters
Since Sunday
20
o
6
d
6
A
5
H
5
n
4
t
4
d
4
p
4
r
4
s
4
r
3
New Topic  
pgakui pgakui
wrote...
Posts: 69
Rep: 0 0
3 months ago
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: 3rd
Authors:
Read 3 times
1 Reply
Replies
Answer verified by a subject expert
JaynieJaynie
wrote...
Posts: 58
Rep: 0 0
3 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
the foreign currency has appreciated and the nominal exchange rate has fallen

1

Related Topics

pgakui Author
wrote...

3 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  332 People Browsing
 316 Signed Up Today
Related Images
  
 11095
  
 242
  
 262
Your Opinion