Which of the following equations is correct-09346
Which of the following equations is correct?
This multiple choice question (MCQ) is related to the book/course
vu eco403 Macroeconomics.
It can also be found in
vu eco403 Final Term - Quiz No.19.
Which of the following equations is correct?
Real exchange rate = (exchange rate + domestic price level) / foreign price level
Exchange rate = (real exchange rate x domestic price level) / foreign price level
Real exchange rate = (nominal exchange rate x domestic price level) x foreign price level
Real exchange rate = (nominal exchange rate x domestic price level) / foreign price level
