MCQ
Which of the following is not correctly matched.
  • A
    $P_2$ - Price level in India
  • B
    $P_f-$ Price level in abroad (say VS)
  • $e-$ Nominal exchange rate is flexible
  • D
    $P_x$ - Price index of exports

Answer

Correct option: C.
$e-$ Nominal exchange rate is flexible
e – Nominal exchange rate is flexible

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