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    International Economics Study Set 9
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    Exam 15: Exchange Rates II: the Asset Approach in the Short Run
  5. Question
    The Dependent Variable (Vertical Axis) in Standard Graphical Treatments of the Money
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The Dependent Variable (Vertical Axis) in Standard Graphical Treatments of the Money

Question 108

Question 108

Multiple Choice

The dependent variable (vertical axis) in standard graphical treatments of the money market is:


A) the exchange rate.
B) the real rate of interest.
C) real GDP.
D) the nominal rate of interest.

Correct Answer:

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