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valputin valputin
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Posts: 5754
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8 years ago
Everything else held constant, if a central bank makes a sterilized purchase of foreign assets, then the domestic currency will
A) appreciate.
B) either appreciate, depreciate, or remain constant.
C) depreciate.
D) not be affected.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
wrote...
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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