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083055 083055
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5 years ago
A persistent surplus of pounds at a given fixed exchange rate (in dollars per pound) is evidence that the pound is ________ versus the dollar.  This surplus can be reduced or eliminated through a ________ of the pound.
A) undervalued; devaluation
B) undervalued; revaluation
C) overvalued; revaluation
D) overvalueAnswer: uation
Textbook 
InMacro

InMacro


Edition: 1st
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Bobby.sBobby.s
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083055 Author
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5 years ago
Thanks
ouasfoudgewu
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Helped a lot
Natalie Price
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2 hours ago
This helped my grade so much Perfect
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