For a given real exchange rate, a change in the quantity of money
A) brings a change in the price level and a change in the exchange rate.
B) brings a change in the price level with no change in the exchange rate.
C) brings a change in the exchange rate with no change in the price level.
D) has no effect on the exchange rate or the price level.
E) has an unknown effect on the price level and the exchange rate.
Correct Answer:
Verified
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