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nikki1992 nikki1992
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A year ago
Which of the following statements is TRUE?
i) The nominal exchange rate is a price.
ii) Both nominal and real exchange rates are expressed in units of domestic currency.

▸ i) is false and ii) is true

▸ i) and ii) are both true

▸ i) is true and ii) is false

▸ i) and ii) are both false
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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CrazyW27CrazyW27
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#1
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A year ago
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nikki1992 Author
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A year ago
Helped a lot
jodie1
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Thanks for your help!!
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Just got PERFECT on my quiz
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