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

question 76

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If the Mexican nominal exchange rate does not change,but prices rise faster in Mexico than in all other countries,then the Mexican real exchange rate


Definitions:

T-test

A statistical method that evaluates whether there is a significant difference between the average values of two distinct groups.

Denominator

In a fraction, the number below the division line, indicating the total number of parts.

Degrees of Freedom

The volume of exclusive values or quantities that can be allotted to a statistical distribution.

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