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Can a currency experience a nominal depreciation and a real appreciation at the same time? A.Yes, if domestic inflation is sufficiently higher than foreign inflation
- Can a currency experience a nominal depreciation and a real appreciation at the same time?
A.Yes, if domestic inflation is sufficiently higher than foreign inflation
B.No
C.Yes, if domestic inflation is sufficiently lower than foreign inflation
D.No, unless the nominal exchange rate decreases
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
