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    Macroeconomics Study Set 9
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    Exam 11: The Is-Mp Model: Adding Inflation and the Open Economy
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    Among the Countries That Use the Euro,the Real Exchange Rate
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Among the Countries That Use the Euro,the Real Exchange Rate

Question 3

Question 3

Multiple Choice

Among the countries that use the euro,the real exchange rate ________ and the nominal exchange rate ________.


A) is fixed; is fixed
B) is fixed; can change
C) can change; is fixed
D) can change; can change

Correct Answer:

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