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★ѕραndavir ★ѕραndavir
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6 years ago
The "real exchange rate" is the nominal exchange rate
A) inverted, so it expresses the home currency price of foreign currencies.
B) adjusted for interest rate differentials between nations.
C) adjusted for inflation rate differentials between nations.
D) that would exist in the absence of central bank intervention in foreign exchange markets.
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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5 years ago
You literally helped me pass my economics class!
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