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00:04:52 Hide Time Part 3 of 3 1 Points Question 24 of 25 Carmen is new to international finance. They want to know about exchange
00:04:52 Hide Time Part 3 of 3 1 Points Question 24 of 25 Carmen is new to international finance. They want to know about exchange rate overshooting in relation to the nominal interest rate (R), prices (P), and expected inflation. You can tell them that overshooting occurs because when there are permanent changes in money supply: O A. Radjust immediately, but P and expected inflation adjust only in the long run B.The other responses are incorrect. C. P adjust immediately, but R and expected inflation adjust only in the long run D.R adjust immediately, but P and expected inflation adjust only in the short run E. P adjust immediately, but R and expected inflation adjust only in the short run Reset Selection Save
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