The ________ is defined as the ratio of the dollar price of a ...

[LaDunn]

The ________ is defined as the ratio of the dollar price of a basket of goods and services in the U.S., divided by the dollar price of the same basket of goods and services in a foreign county.
 
  A) real exchange rate B) ordinal exchange rate
  C) nominal exchange rate D) expected exchange rate

Question 2

All growth theory today is new growth theory because it considers a broad framework that includes technological progress.
 
  Indicate whether the statement is true or false

[rleezy04]

Answer to Question 1

A

Answer to Question 2

TRUE

[LaDunn]

Thanks for the timely response, appreciate it

[lkanara2]

Great answer, keep it coming