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Other Things the Same, an Increase in the Nominal Exchange

question 84

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Other things the same, an increase in the nominal exchange rate raises the real exchange rate.


Definitions:

1° Alcohol

An alcohol where the hydroxyl (-OH) group is attached to a carbon atom that is itself bonded to only one other carbon atom, known as primary alcohol.

Organic Product

A compound mainly made of carbon atoms, often derived from living organisms or their products.

Reaction

A process through which substances interact to form new products, typically involving changes in molecular or ionic structure.

Pentanal

An organic compound that is a five-carbon aldehyde with the formula C5H10O, characterized by a pungent smell.

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