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nikki1992 nikki1992
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2 months 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


Edition: 3rd
Authors:
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CrazyW27CrazyW27
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2 months ago
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More solutions for this book are available here
i) is true and ii) is false

1

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nikki1992 Author
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2 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
This helped my grade so much Perfect
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2 hours ago
Brilliant
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