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Other Fields Homework Help Economics Topic started by: Chako on Mar 11, 2016



Title: Under fixed exchange rates, which one of the following statements is the MOST accurate?
Post by: Chako on Mar 11, 2016
Under fixed exchange rates, which one of the following statements is the MOST accurate?
A) Devaluation has no effect on output.
B) Devaluation causes a decrease in output and in official reserves.
C) Devaluation causes a rise in output.
D) Devaluation causes a rise in output and a decrease in official reserves.
E) Devaluation causes a decrease in output.


Title: Re: Under fixed exchange rates, which one of the following statements is the MOST accurate?
Post by: machukian on Apr 18, 2016
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Title: Re: Under fixed exchange rates, which one of the following statements is the MOST accurate?
Post by: Chako on Apr 25, 2016
Correct!


Title: Re: Under fixed exchange rates, which one of the following statements is the MOST accurate?
Post by: machukian on May 11, 2016
Thanks for the feedback, I'm sure others will appreciate it too