If the nominal exchange rate rises 5%, domestic inflation is 2%, and foreign inflation is 3%, what is the percent change in the real exchange rate?
A) 8%
B) 6%
C) 4%
D) 2%
C
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A gross estate is all of the taxable assets of a person at the time of death.
A. True B. False C. Uncertain
The current slowdown in productivity growth afflicting most of the industrialized countries is commonly thought to have begun around
A) 1897. B) 1929. C) 1948. D) 1973. E) 1984.
The economic boom of the 1990s was caused in part by:
a. Jimmy Carters efficient administration. b. sub-prime lending. c. an investment boom as the use of personal computers and the Internet became ubiquitous. d. All of the above are correct. e. Only a and c are correct.
Hong Kong and Singapore both have relatively
a. high trade barriers and high rates of economic growth. b. high trade barriers and low rates of economic growth. c. low trade barriers and high rates of economic growth. d. low trade barriers and low rates of economic growth.