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insherro insherro
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Posts: 671
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7 years ago
Under a fixed exchange rate system, the central bank of a country experiencing a balance of payments surplus will:
A) increase the supply of domestic currency to prevent currency depreciation.
B) increase the demand for domestic currency to prevent currency depreciation.
C) increase the supply of domestic currency to prevent a currency appreciation.
D) increase the demand for domestic currency to prevent a currency appreciation.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 209 times
1 Reply
University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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insherro Author
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7 years ago
This helped my grade so much Perfect
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Good timing, thanks!
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