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Author Question: Holding other things constant, a depreciation of the US Dollar relative to the Kenyan Shilling would ... (Read 92 times)

asan beg

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on: Jul 1, 2018
Holding other things constant, a depreciation of the US Dollar relative to the Kenyan Shilling would cause the demand for the Shilling to _____________ and the supply for Shilling to __________.
 a. Increase; decrease
 b. Increase, increase
 c. Decrease; Increase
  d. Decrease; Decrease

Question 2

Adverse selection represents
 a. Profitable transaction
 b. Unconsummated transaction
  c. Wealth creating transaction
  d. All of the above


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manuelcastillo

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


asan beg

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  • Posts: 570
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

emsimon14

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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