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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.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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karmarkarmar
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6 years ago
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smitch6 Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Good timing, thanks!
wrote...

2 hours ago
Brilliant
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