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valputin valputin
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Posts: 5754
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8 years ago
A contractionary monetary policy raises the real interest rate, causing the domestic currency to ________, thereby ________ net exports.
A) appreciate; lowering
B) depreciate; lowering
C) appreciate; raising
D) depreciate; raising
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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