Which of the Following Is Likely to Be True of the Nominal

question 102

Multiple Choice

Which of the following is likely to be true of the nominal and the real exchange rates in the short run and in the long run if prices in two countries do not respond to exchange rate changes?

• A) The real and the nominal exchange rates between the currencies move proportionally in both the short run and the long run.
• B) The real and the nominal exchange rates between the currencies move proportionally in the short run but not in the long run.
• C) The real and the nominal exchange rates between the currencies move proportionally in the long run but not in the short run.
• D) The real and the nominal exchange rates between the currencies remain constant over time.

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A wide range of services provided by medical professionals to support individuals' health and well-being, including prevention, diagnosis, treatment, and management of illnesses and injuries.

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A form of cancer originating in the lungs, commonly linked to smoking, yet it can also develop in individuals who have never smoked.

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The act of smoking cigarettes one after another without significant breaks in between.