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Chako Chako
wrote...
Posts: 2948
8 years ago
Assume the asset market is always in equilibrium. Therefore a fall in Y would result in
A) a depreciation of the home currency.
B) a decreased demand for domestic products.
C) higher inflation abroad.
D) an appreciation of the home currency.
E) a contraction of the money supply.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 174 times
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Answer verified by a subject expert
machukianmachukian
wrote...
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
8 years ago
Good luck
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