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shayeshaye00 shayeshaye00
wrote...
Posts: 506
3 years ago
Which one of the following would cause an appreciation of the exchange rate (in each case assume that nothing else changes)?

▸ Speculation that the rate of interest will fall

▸ A reduction in the current account deficit (and no change in the other parts of the balance of payments)

▸ An increase in domestic incomes

▸ Inflation increases relative to inflation rates abroad.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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kwashington67kwashington67
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Posts: 382
3 years ago
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shayeshaye00 Author
wrote...

3 years ago
Just got PERFECT on my quiz
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Thanks
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