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danny2012 danny2012
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7 months ago

We start with a 3 percent real interest rate in the United States and in Japan. Next, the real interest rate in Japan falls to 2 percent, and the U.S. real interest remains constant. As a result,



▸

the yen will depreciate and the dollar will appreciate.



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both the yen and the dollar will depreciate.



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the yen will appreciate and the dollar will depreciate.



▸

both the yen and the dollar will appreciate.

Textbook 
Economics

Economics


Edition: 12th
Author:
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bryrdanbryrdan
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7 months ago
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danny2012 Author
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7 months ago
Good timing, thanks!
Hellish Lover
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Yesterday
Helped a lot
linlinlin
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2 hours ago
Thank you, thank you, thank you!
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