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valputin valputin
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Posts: 5754
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8 years ago
The exchange rate is
A) the change in the value of money over time.
B) the value of a currency relative to inflation.
C) the price of one currency relative to another.
D) the price of one currency relative to gold.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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3 Replies
Our course uses > The Economics of Money, Banking and Financial Markets
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Answer verified by a subject expert
MeelaMeela
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Posts: 5283
8 years ago
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valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile Good luck with the rest
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