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Olivia foy Olivia foy
wrote...
Posts: 205
5 years ago
If the target exchange rate is 100 yen per dollar and the current exchange rate is 90 yen per dollar, the Fed will
A) sell dollars and the demand for dollars will increase.
B) sell dollars and the demand for dollars will decrease.
C) buy dollars and the demand for dollars will increase.
D) buy dollars and the demand for dollars will decrease.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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1 Reply
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Answer verified by a subject expert
moonflowerzmoonflowerz
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Posts: 321
5 years ago
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