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Ao9 Ao9
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8 years ago
A devaluation of the exchange rate is a policy action that
A) decreases the nominal exchange rate.
B) increases the nominal exchange rate.
C) increases the real exchange rate.
D) decreases the real exchange rate.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
Solved!!
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#3
8 years ago
Glad to help...
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