If the USD/AUD exchange rate is 0.75, and inflation has been 6 percent in the United States
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If the USD/AUD exchange rate is 0.75, and inflation has been 6 percent in the United States and 3 percent in Australia (since the base year), what is the real exchange rate? Has the USD appreciated or depreciated against the AUD
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Real exchange rate and appreciationdepreciation If the USDAUD exchange rate is 075 it means that 1 U...View the full answer
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