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The nominal exchange rate is the a. the rate at which domestic bank deposits and foreign banks deposits are exchanged. b. rate of return on

The nominal exchange rate is the

a. the rate at which domestic bank deposits and foreign banks deposits are exchanged.

b. rate of return on Treasury bills, notes, and bonds.

c. the price of one country's currency in terms of another country's currency.

d. rate at which stocks and bonds amy be exchanged for currency.

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