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Author Question: The ________ is defined as the ratio of the dollar price of a basket of goods and services in the ... (Read 107 times)

LaDunn

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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



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rleezy04

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Answer to Question 1

A

Answer to Question 2

TRUE




LaDunn

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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