Order the answer to: Define nominal exchange rate and real exchange rate, and explain

Academic Help business economics Order the answer to: Define nominal exchange rate and real exchange rate, and explain

business economics

Order the answer to: Define nominal exchange rate and real exchange rate, and explain

Question Define nominal and real and explain how they are related. If the nominal goes from 100 to 120 yen per dollar, has the dollar appreciated or depreciated?
Subject business economics
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