Question 35 The real exchange rate is defined as: Answer a. The nominal exchange rate plus the rate of inflation b. The spot exchange rate c. The rate at which one can exchange the goods and services from one country for the goods and services from another country d. The exchange rate that would exist if nominal rates were not fixed by government

Question 35
The real exchange rate is defined as:
Answer
a. The nominal exchange rate plus the rate of inflation
b. The spot exchange rate
c. The rate at which one can exchange the goods and services from one country for the goods and services from another country
d. The exchange rate that would exist if nominal rates were not fixed by government

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