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Author Question: If a country's currency has a market driven value that is higher than economic theory would suggest, ... (Read 73 times)

bobbie

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on: Jun 30, 2018
If a country's currency has a market driven value that is higher than economic theory would suggest, the currency is considered to be
 
  A) overvalued.
  B) undervalued.
  C) overestimated.
  D) in arbitrage.

Question 2

If the price level decreases
 
  A) the LM curve will shift to the right.
  B) the LM curve will shift to the left.
  C) the IS curve will shift to the right.
  D) the IS curve will shift to the left.


DylanD1323

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

A

Answer to Question 2

A


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