A central bank can allow its currency to fall indefinitely, but it cannot allow its currency to

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A central bank can allow its currency to fall indefinitely, but it cannot allow its currency to rise indefinitely.

Why not?

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Principles Of Macroeconomics

ISBN: 9781711471471

3rd Edition

Authors: OpenStax

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Question Posted: Nov 12, 2024 09:00 AM

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A central bank can allow its currency to fall indefinitely, but it cannot allow its currency to

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Principles Of Macroeconomics

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