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Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985
BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985

Solutions

Chapter
Section
Chapter 13, Problem 6CQQ
Textbook Problem

The theory of purchasing-power parity says that higher inflation in a nation causes the nation’s currency to _______, leaving the _______ exchange rate unchanged.

a. appreciate, nominal

b. appreciate, real

c. depreciate, nominal

d. depreciate, real

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