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  3. Study Set
    Principles of Macroeconomics Study Set 12
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    Exam 19: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
  5. Question
    The Price of ________ in Terms of ________ Is the Exchange
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The Price of ________ in Terms of ________ Is the Exchange

Question 25

Question 25

Multiple Choice

The price of ________ in terms of ________ is the exchange rate.


A) one country's currency; the inflation rate
B) one country's currency; another country's currency
C) resources; finished products
D) imports; exports

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