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Roar Roar
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7 years ago
In an open economy under flexible exchange rates, a reduction in consumer confidence that causes a reduction in consumption will cause which of the following?
A) an appreciation of the domestic currency
B) a reduction in the exchange rate, E
C) a reduction in net exports
D) all of the above
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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7 years ago
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Roar Author
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7 years ago
Thanks
dri
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Yesterday
This helped my grade so much Perfect
Ivansitospeed@g
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2 hours ago
Correct Slight Smile TY
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