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Chako Chako
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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:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
8 years ago
Good luck
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