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Everything else being equal, an increase in the demand for dollars in exchange for pesos will cause ...

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Everything else being equal, an increase in the demand for dollars in exchange for pesos will cause ...

Everything else being equal, an increase in the demand for dollars in exchange for pesos will cause the dollar ________ the quantity of dollars being traded in the foreign exchange market.

▸ to appreciate against the peso and will increase

▸ to appreciate against the peso and will decrease

▸ to depreciate against the peso and will decrease

▸ to depreciate against the peso and will increase

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Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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Thank you, thank you, thank you!

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Thanks for your help!!

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