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Ashurbanipal Ashurbanipal
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2 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


Edition: 3rd
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navgilnavgil
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2 months ago
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More solutions for this book are available here
the real exchange rate appreciates even when the nominal exchange rate is constant

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Ashurbanipal Author
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2 months ago
Thank you, thank you, thank you!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
You make an excellent tutor!
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