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Ashurbanipal Ashurbanipal
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3 months ago
When the ratio of domestic prices to foreign prices rises, ________.

▸ the real exchange rate depreciates

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

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

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

Macroeconomics


Edition: 3rd
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navgilnavgil
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3 months ago
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the real exchange rate appreciates even when the nominal exchange rate is constant
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Ashurbanipal Author
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3 months ago
Just got PERFECT on my quiz
patod1
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Yesterday
Smart ... Thanks!
54321abs
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2 hours ago
Brilliant ツ
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