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erma4kov [3.2K]
3 years ago
13

The nominal exchange rate is the a rate at which a person can trade the currency of one country for the currency of another. b t

he number of goods a person can trade for a similar good in another country. c price of a good in one country divided by the price of the same good in another. d nominal interest rate in one country divided by the nominal interest rate in the other country.
Business
1 answer:
mash [69]3 years ago
4 0

Answer:

rate at which a person can trade the currency of one country for the currency of another

Explanation:

Nominal exchange rate is a rate at which a person can trade the currency of one country for the currency of another.

Nominal exchange rate = real exchange rate + inflation rate

Real exchange rate is the number of goods a person can trade for a similar good in another country.

The real exchange rate has been adjusted for inflation.

Real éxchange rate = nominal exchange rate - inflation rate

I hope my answer helps you

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Mr.Akhil (55 years) paid mediclaim for self and family Rs.40,000 and for parents (80 years) Rs.60,000. What will be the deductio
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In order to claim the deduction under Section 80D, the expenditure needs to be made in any means other than cash. Although the expenditure on preventive health check-ups is allowed to be incurred in cash. The deduction for the following expenses are available under section 80D:

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D. Medical expenditure of senior citizens or super senior citizens. Rs.50,000

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<h3>What is Section 80D?</h3>

Section 80D permits the deduction for money spent on taking care of one's health and health insurance. Section 80D claims great significance in one's tax planning and personal finance.

Therefore, the correct answer is as given above

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