If the Canadian Nominal Exchange Rate Does Not Change,but Prices

question 63

Multiple Choice

If the Canadian nominal exchange rate does not change,but prices rise faster abroad than in Canada,then the Canadian real exchange rate

• A)does not change.
• B)rises.
• C)declines.
• D)None of the above is necessarily correct.

---

Definitions:

Metabolic Change

Alterations in the chemical processes within the body that are necessary for maintaining life, often resulting from disease, diet, or lifestyle.

Glycogen

A form of glucose storage in the liver and muscles, which can be broken down to provide energy when needed.

Work Responsibilities

The specific tasks or duties that are part of a job role, which an employee is expected to perform as part of their employment.

Set Boundaries

Establishing limits or guidelines in relationships or activities to maintain health and well-being.