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Munze Munze
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6 years ago
Assume policy makers in a fixed exchange rate regime decide to peg the exchange rate at a lower level. This is called
A) a devaluation.
B) a revaluation.
C) a depreciation.
D) an appreciation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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Munze Author
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#2
6 years ago
Thanks so much Slight Smile I'll post more questions
Macroeconomics, 6/E (Blanchard, Johnson)
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