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Munze Munze
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Posts: 996
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6 years ago
When the dollar depreciates relative to the pound, the pound price of the dollar
A) increases.
B) decreases.
C) does not change.
D) increases or decreases, depending on the amount of the depreciation.
E) changes in the next period.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 72 times
1 Reply
Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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