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Author Question: Other things remaining the same, if a nation's expected price level rises, the demand to hold money: ... (Read 65 times)

a0266361136

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on: Jun 30, 2018
Other things remaining the same, if a nation's expected price level rises, the demand to hold money:
 a. Falls.
  b. Rises.
  c. Does not change.

Question 2

Which of the following statements is correct, when the exchange rate changes from 2/ to 1.5/?
 a. Both the euro and the dollar appreciate.
  b. Both the euro and the dollar depreciate.
  c. None of the above.
  d. The euro () depreciates.
  e. The euro appreciates and the dollar depreciates.


djofnc

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Reply #1 on: Jun 30, 2018
Answer to Question 1

.A

Answer to Question 2

.E


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