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Title: In an open economy under flexible exchange rates, a reduction in consumer confidence that causes a ...
Post by: Roar on Sep 15, 2017
In an open economy under flexible exchange rates, a reduction in consumer confidence that causes a reduction in consumption will cause which of the following?
A) an appreciation of the domestic currency
B) a reduction in the exchange rate, E
C) a reduction in net exports
D) all of the above
E) none of the above


Title: Re: In an open economy under flexible exchange rates, a reduction in consumer confidence that causes ...
Post by: vonCOLLINZO on Sep 15, 2017
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