The relation between changes in the nominal and real exchange rates is given by which of the following equations?
A) ΔEX/EXr = ΔEX/EX + π - π f
B) ΔEXr/EX = ΔEXr/EXr + π - π f
C) ΔEX/EX = ΔEXr/EXr + π f + π
D) ΔEXr/EXr = ΔEX/EX + π f - π
Correct Answer:
Verified
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