In the short run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate
Indicate whether the statement is true or false
TRUE
Economics
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The quantity theory of money is the idea that in the long run
A) the quantity of money is determined by banks. B) the quantity of money serves as a good indicator of how well money functions as a store of value. C) the quantity of money determines real GDP. D) an increase in the growth rate of the quantity of money leads to an equal increase in the inflation rate.
Economics
Paying into a pension fund while you are earning wages and salaries is equivalent to
a. borrowing money. b. lending money. c. withdrawing from a savings account. d. paying off debt.
Economics