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The Nominal Exchange Rate Between the U

Question 108

Multiple Choice

The nominal exchange rate between the U.S. dollar and the Croatian kuna is the:


A) number of kuna you can get for one dollar.
B) number of kuna you can get for lending one dollar in Croatia for one year.
C) price of U.S. goods divided by the price of Croatian goods.
D) price of Croatian goods divided by the price of U.S. goods.
E) ratio of per capita U.S. GDP to Croatian per capita GDP.

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