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johnpaul92 johnpaul92
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8 years ago
If the nominal exchange rate rises 5%, domestic inflation is 2%, and foreign inflation is 3%, what is the percent change in the real exchange rate?
A) 8%
B) 4%
C) 6%
D) 2%
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
wrote...
#2
8 years ago
This answers my question, thank you so much
wrote...
#3
8 years ago
Take care for now
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