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tree51 tree51
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5 years ago
How will the exchange rate (foreign currency per dollar) respond to an increase in the relative rate of productivity growth in the United States in the long run?
A) Exchange rates will rise.
B) Exchange rates will fall.
C) Exchange rates will be unaffected by changes in the relative rate of productivity growth in the United States, both in the short run and in the long run.
D) The exchange rate will be affected in the short run, but not inAnswer: g run.
Textbook 
InMacro

InMacro


Edition: 1st
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guilmarguilmar
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5 years ago
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tree51 Author
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5 years ago
Thanks for your help!!
jblazah
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Yesterday
Thank you, thank you, thank you!
jodie1
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2 hours ago
Correct Slight Smile TY
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