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lgnore the previous questions. One can exchange the currencies of Aldaria and Borduria at the rate 10 aldas/1 bordo. The price level in Aldaria is
lgnore the previous questions. One can exchange the currencies of Aldaria and Borduria at the rate 10 aldas/1 bordo. The price level in Aldaria is 50, while in Borduria the price level is 80. Suppose it now takes 8 aldas to buy 1 bordo and the price level in Aldaria increases by 10%, with everything else unchanged. Which of the following statements is correct? A. The alda has depreciated in real terms. B.The bordo has appreciated in nominal terms. C. None of the choices is correct. D. The bordo has appreciated in real terms. E. The alda has appreciated in real terms
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