Multiple Choice
Other things the same, which of the following would both increase the U.S. real exchange rate with Israel?
A) prices in the U.S. were higher, or prices in Israel were higher.
B) prices in the U.S were higher, or prices in Israel were lower.
C) prices in the U.S. were lower, or prices in Israel were higher.
D) prices in the U.S. were lower, or prices in Israel were lower.
Correct Answer:
Verified
Correct Answer:
Verified
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