The Real Exchange Rate Is Defined As

question 105

Multiple Choice

The real exchange rate is defined as:

• A) the nominal exchange rate plus the rate of inflation.
• B) the spot exchange rate.
• C) the cost of a basket of goods and services in one country compared to the cost of the same basket in another country.
• D) the exchange rate that would exist if nominal rates were not fixed by governments.

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Definitions:

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