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Economics Mcqs
Q
The real effective exchange rate for the U.S dollar ?
AA. Reflects only the influences of merchandise or real trade on the dollarβs exchange value
BB. Reflects only transactions in the currency futures market
CC. Is the weighted average of the dollar exchange rate relative to the currencies of important u.s trading partners adjusted for inflation?
DD. Is the weighted average of the dollar exchange rate relative to the currencies of important u.s trading partners unadjusted for inflation?
Correct Answer:
C. C. Is the weighted average of the dollar exchange rate relative to the currencies of important u.s trading partners adjusted for inflation?
