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1. What is happening to the Australian real exchange rate in each of the following situations? Explain. 3. The Australian nominal exchange rate is unchanged,

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1. What is happening to the Australian real exchange rate in each of the following situations? Explain. 3. The Australian nominal exchange rate is unchanged, but prices rise faster in overseas countries that in Australia. B. The Australian nominal exchange is unchanged, but prices rise slower abroad then in Australia. c. The Australian nominal exchange rate declines, and prices are unchanged in Australia and abroad. d. The Australian nominal exchange rate doclines and prices rise faster abroad that in Australia

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