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    Exam 10: Exchange Rates, business Cycles, and Macroeconomic Policy
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    An Index That Shows the Nominal Exchange Rate for the Canadian
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An Index That Shows the Nominal Exchange Rate for the Canadian

Question 29

Question 29

Multiple Choice

An index that shows the nominal exchange rate for the Canadian dollar against the currencies of Canada's trading partners is called


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

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