Top Posters
Since Sunday
17
6
5
5
s
5
t
5
s
5
9
5
g
5
h
5
l
5
o
5
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
samestepp samestepp
wrote...
Go to Answer
Posts: 76
Rep: 0 0
5 months ago
A decrease 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 fallen

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

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

▸ the foreign currency has depreciated and the nominal exchange rate has risen
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 13 times
1 Reply
Replies
Answer verified by a subject expert
rick32rick32
wrote...
#1
Posts: 73
Rep: 0 0
5 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 depreciated and the nominal exchange rate has risen
1

Related Topics

samestepp Author
wrote...

5 months ago
Helped a lot
Hellish Lover
wrote...

Yesterday
Thanks
7.prime7105
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  282 People Browsing
 261 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Related Images
  
 1052
  
 698
  
 173
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 8
Previous poll results: How often do you eat-out per week?