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Chako Chako
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Posts: 2948
8 years ago
When a country's currency is devalued
A) the money supply decreases.
B) output decreases and the money supply increases.
C) output decreases.
D) both the output and the money supply increases.
E) output increases and the money supply decreases.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
7 years ago
Happy to help you!
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