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RHCP12 RHCP12
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1 months ago
When the ratio of domestic prices to foreign prices falls, ________.

▸ the real exchange rate depreciates only when the nominal exchange rate appreciates

▸ the real exchange rate depreciates even when the nominal exchange rate is constant

▸ the real exchange rate appreciates

▸ the real exchange rate depreciates only when the nominal exchange rate depreciates
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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Moh1995abdelMoh1995abdel
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1 months ago
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the real exchange rate depreciates even when the nominal exchange rate is constant

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RHCP12 Author
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1 months ago
this is exactly what I needed
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Thanks for your help!!
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Just got PERFECT on my quiz
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