In Chapter 20,the Expected Future Nominal Exchange Rate in the Long

question 53

Multiple Choice

In chapter 20,the expected future nominal exchange rate in the long run say,Eᵉt₊n,is assumed to be the nominal exchange rate at which

• A)the current account is in balance.
• B)the future rate of appreciation or depreciation is constant.
• C)domestic and foreign price levels are equal.
• D)one unit of foreign currency exchanges for one unit of domestic currency.
• E) none of the above

---

Definitions:

Chain Migration

A term used to describe the social process by which immigrants from a particular town follow others from that town to a particular city or neighborhood, whether in the same country or abroad.

Internet Daily

The regular usage of the internet on a daily basis for various activities such as communication, work, education, and entertainment.

Adults

Individuals who have reached a specific age or maturity level, typically recognized as having attained the full growth and development of their physical, mental, and emotional capacities.

Worldwide

All-encompassing or global in scope or application.