If rupee-dollar exchange rate falls from Rs. 50 = 1 dollar to Rs. 45 = 1 dollar

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If rupee-dollar exchange rate falls from Rs. 50 = 1 dollar to Rs. 45 = 1 dollar then it is a case of

(a) a fall in exchange rate of rupee.

(b) a rise in exchange rate of dollar.

(c) a fall in exchange rate of dollar.

(d) none of the above.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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