Business, 19.03.2020 03:05, shirleyyxo

The percentage change in the nominal exchange rate equals the percentage change in the real exchange rate plus the:

a. domestic inflation rate minus the foreign inflation rate.

b. foreign inflation rate minus the domestic inflation rate.

c. domestic interest rate minus the foreign interest rate.

d. foreign exchange rate minus the domestic exchange rate.

Answers: 2

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The percentage change in the nominal exchange rate equals the percentage change in the real exchange...