An Increase in the Real Exchange Rate Will Tend to ________

question 150

Multiple Choice

An increase in the real exchange rate will tend to ________ exports and to ________ imports.

• A)increase; decrease
• B)increase; increase
• C)decrease; decrease
• D)decrease; increase

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Definitions:

Validity

The degree to which an assessment accurately measures its purported content.

Reliability

The degree to which an assessment tool produces stable and consistent results.

Validity

The extent to which a test measures what it claims to measure.

Internal Consistency

A measure of reliability assessing the degree to which different test items that propose to measure the same general construct produce similar results.