Assuming the United States is the "domestic" country, if the real exchange rate between the United States and Russia decreases from 28 to 23
A) the prices of U.S. goods and services have increased by 25.5% relative to Russia.
B) the prices of U.S. goods and services have decreased by 5% relative to Russia.
C) the prices of U.S. goods and services have decreased by 18% relative to Russia.
D) the prices of U.S. goods and services have increased by 22% relative to Russia.
C
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How does the owner of a corporation relate to the business?
A) The owners of the business have no separate legal distinction from the business. B) The owners of the business have a separate legal distinction from the business. C) The personal assets are part of the corporation's assets. D) None of these describe the legal relationship of corporate owners to the business.
In the short run, an expansionary monetary policy by the Fed would:
a. reduce unemployment at the cost of higher inflation. b. reduce inflation at the cost of a rise in the natural rate of unemployment. c. reduce inflation and leave the natural unemployment rate unchanged. d. reduce both inflation and unemployment. e. increase both inflation and unemployment.