Given the U

Multiple Choice

Given the U.S. price level P, the foreign country price level P*, and the real exchange rate RER in foreign currency per U.S. dollar, the nominal exchange rate E would be given by

A) E = RER × (P/P*) .
B) E = RER × (P*/P) .
C) E = (P/P*) / RER.
D) E = P × (RER/P*) .