If the Nominal Exchange Rate Rises and Price Levels Stay

question 9

Multiple Choice

If the nominal exchange rate rises and price levels stay constant, the real exchange rate will

• A)rise.
• B)stay constant.
• C)fall.
• D)rise, fall or stay constant.

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Definitions:

Manipulate

The act of skillfully handling, controlling, or using something, often with the connotation of alteration or influence for a specific purpose.

A Spreadsheet

A digital tool that allows users to organize, analyze, and store data in a tabular form, often featuring calculation, graphing tools, and pivot tables.

Numerical Data

Refers to data that is represented in terms of numbers, which can be quantified and subjected to mathematical operations.

Columns

In databases or spreadsheets, vertical divisions of data representing a specific field within a table.