If the home currency has a real depreciation, what is the situation?

A) it takes more home goods to purchase the same quantity of foreign goods
B) it take fewer home goods to purchase the same quantity of foreign goods
C) the nominal exchange rate must have risen
D) the nominal exchange rate must have fallen


Ans: A) it takes more home goods to purchase the same quantity of foreign goods

Economics

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Economics

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Economics

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What will be an ideal response?

Economics

The person least likely to receive a payment from a corporation in a year of losses is the

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Economics