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Other Things the Same, an Increase in the Price Level

question 95

True/False

Other things the same, an increase in the price level causes the real value of the dollar to fall in the market for foreign-currency exchange.


Definitions:

Equation

An assertion in mathematics that two expressions, often including variables, are equal.

Equation

An equation is a declaration that equates two mathematical expressions, often involving variables.

Extraneous Solutions

Solutions that are found in the process of solving an equation but do not satisfy the original equation.

Extraneous Solutions

Solutions that emerge from the process of solving a problem but do not satisfy the original equation.

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