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Reptor Reptor
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6 years ago
An increase in the price level reduces net exports because
A) it leads indirectly to a higher exchange rate.
B) it leads indirectly to a lower exchange rate.
C) it leads indirectly to a lower real interest rate.
D) it leads directly to higher real money balances.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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Wars-Like-ThisWars-Like-This
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6 years ago
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