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Suppose That the Real Exchange Rate Between the United States

question 44

Multiple Choice

Suppose that the real exchange rate between the United States and Brazil is defined in terms of baskets of goods.Other things the same,which of the following will increase the real exchange rate (that is increase the number of baskets of Brazilian goods a basket of U.S.goods buys) ?


Definitions:

Disjunction

A Boolean function that returns true when any of its inputs are true.

Tautology

A declaration that is inherently true due to its logical structure or necessity.

Disjunct

An element of a disjunction; a proposition or statement that forms part of an "or" statement in logic.

Tautology

A statement that is true by necessity or by virtue of its logical form, independent of the content of the proposition.

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