Plot the nominal and real values of the dollar

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1. Plot the nominal and real values of the dollar over the past 10 years using the J.P. Morgan data.

2. How closely correlated are changes in the real and nominal values of the dollar over this period? That is, do the real and nominal exchange rates tend to move together?

3. By how much has the dollar changed in real terms over this period?

4. By how much has the dollar changed in nominal terms over this period?

Reference no: EM131277846

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