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4. For each of the following events does the dollar rise or fall in value? Use a separate diagram for each of the following scenarios:
4. For each of the following events does the dollar rise or fall in value? Use a separate diagram for each of the following scenarios: a. A recession occurs in the United States, lowering U.S. income. b. An economic boom increases income in China. c. U.S. interest rates decrease. d. Interest rates decrease in all countries. e. Interest rates rise in Europe and Asia, but not in the United States
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