(Solved by Humans)-What determines the value of the nominal exchange rate? How does
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- What determines the value of the nominal exchange rate? How does an appreciation of the exchange rate affect aggregate demand? (200 words minimum) also use of graph would help.?
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The nominal exchange rate is basically the cost of cash on the quantity of units of some
different money. This is controlled by Fiat in a settled price administration...
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This question was answered on: 10 May, 2025
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