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    Macroeconomics Study Set 9
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    Exam 5: The Global Financial System and Exchange Rates
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    The Price of Domestic Goods in Terms of Foreign Goods
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The Price of Domestic Goods in Terms of Foreign Goods

Question 34

Question 34

Multiple Choice

The price of domestic goods in terms of foreign goods is referred to as the


A) nominal exchange rate.
B) real exchange rate.
C) relative inflation rate.
D) purchasing power parity rate.

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