Describe what has happened to the real exchange rate value of the dollar in each of the following examples:
(a) The U.S.price level rises by 10 percent, the European price level remains constant, and the nominal U.S.exchange rate falls by 10 percent.
(b) The U.S.price level rises by 9 percent, the European price level rises by 6 percent, and the nominal U.S.exchange rate falls by 2 percent.
(c) The U.S.price level falls by 2 percent, the European price level remains constant, and the nominal U.S.exchange rate rises by 4 percent.
(d) The U.S.price level remains constant, the European price level rises by 3 percent, and the nominal U.S.exchange rate rises by 2 percent.

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The Answer of Describe what has happened to the real exchange rate value of the dollar in each of the following examples:
(a) The U.S.price level rises by 10 percent, the European price level remains constant, and the nominal U.S.exchange rate falls by 10 percent.
(b) The U.S.price level rises by 9 percent, the European price level rises by 6 percent, and the nominal U.S.exchange rate falls by 2 percent.
(c) The U.S.price level falls by 2 percent, the European price level remains constant, and the nominal U.S.exchange rate rises by 4 percent.
(d) The U.S.price level remains constant, the European price level rises by 3 percent, and the nominal U.S.exchange rate rises by 2 percent.

Describe What Has Happened to the Real Exchange Rate Value