Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Chapter 20, Problem 7RQ
To determine
Explain the relevance of exchange rate.
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Does the level of the exchange rate matter in the long run? Why or why not?
How does interest rate affect exchange rate?
Does an expectation of a stronger exchange rate in the future affect the exchange rate in the present? If so, how?
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Macroeconomics (Fourth Edition)
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