A Rise in the Real Exchange Rate Is Called

question 70

Multiple Choice

A rise in the real exchange rate is called

• A)a real depreciation.
• B)a real appreciation.
• C)a real bargain.
• D)a real devaluation.

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Definitions:

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X-Coordinate

The horizontal value in a pair of coordinates that indicates a point's location on a two-dimensional graph.

Circular-Flow Diagram

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