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Principles of Macroeconomics Study Set 5
Quiz 13: Savings, Capital Formation and Comparative Economic Growth
When the Nominal Exchange Increases from 40
Question 27
Multiple Choice
When the nominal exchange increases from 40.1 rupees per dollar to 40.5 rupees per dollar,the dollar has A) appreciated. B) depreciated. C) become overvalued. D) become undervalued. E) been devalued.
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Related questions
Q 28
When the nominal exchange increases from 0.643 euros per dollar to 0.653 euros per dollar,the dollar has A) appreciated. B) depreciated. C) become overvalued. D) become undervalued. E) been devalued.
Q 29
When the nominal exchange decreases from 80 yen per dollar to 78 yen per dollar,the dollar has A) appreciated. B) depreciated. C) become overvalued. D) become undervalued. E) been devalued.
Q 30
When the nominal exchange decreases from 10.67 pesos per dollar to 10.60 pesos per dollar,the dollar has A) appreciated. B) depreciated. C) become overvalued. D) become undervalued. E) been devalued.
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