1.2. An article in The New York Times (Apr. 14, 1995) regarding a decline in the value...
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1.2. An article in The New York Times (Apr. 14, 1995)
regarding a decline in the value of the dollar reported that “the president was clearly determined to signal that the United States remains solidly on a course of deficit reduction, which should make the dollar more attractive to investors.” Would deficit reduction in fact raise the value of the dollar? Explain.
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