Question: Review nominal exchange rate (e nom ) and real exchange rate (e or RER). How are changes in the RER and the nominal exchange rate

Review nominal exchange rate (e_nom) and real exchange rate (e or RER). How are changes in the RER and the nominal exchange rate related? Please note that traders check e_nom daily at several intervals (minute by minute, every 5 minutes, etc.) and economists build models of trade or the current account with e. For economists to rely on RER, which piece of information is available less frequently? Explain.

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