Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Munze Munze
wrote...
Go to Answer
Posts: 996
Rep: 0 0
6 years ago
Assume that the nominal exchange rate increases by 2%. If prices (both domestic and foreign do not change), we know that
A) domestic goods are now relatively cheaper.
B) domestic goods are now relatively more expensive.
C) foreign goods are now relatively cheaper.
D) both B and C
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 45 times
1 Reply
Macroeconomics, 6/E (Blanchard, Johnson)
Replies
Answer verified by a subject expert
legendvpnlegendvpn
wrote...
#1
Top Poster
Posts: 686
Rep: 13 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Munze Author
wrote...

6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
Mkersey12
wrote...

Yesterday
This helped my grade so much Perfect
shimyshiguy
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1161 People Browsing
 107 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 241
  
 1145
  
 303
Your Opinion
What's your favorite funny biology word?
Votes: 328
Previous poll results: How often do you eat-out per week?