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smitch6 smitch6
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6 years ago
A devaluation of the exchange rate is a policy action that
A) increases the real exchange rate.
B) decreases the real exchange rate.
C) increases the nominal exchange rate.
D) decreases the nominal exchange rate.
E) fixes the nominal exchange rate.
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Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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smitch6 Author
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