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5. For a central bank, why is intervening in the currency market to prevent the domestic currency from depreciating is harder than intervening to prevent

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5. For a central bank, why is intervening in the currency market to prevent the domestic currency from depreciating is harder than intervening to prevent the domestic currency from appreciating? (1 mark) You scored 1 / 1 mark O It is not true that intervening in the currency market to prevent depreciation is harder than intervening to prevent appreciation. O Preventing depreciation requires foreign exchange reserves, while preventing appreciation doe: not. O Preventing depreciation requires coordination with fiscal policy, while preventing appreciation does not. O Preventing depreciation requires expansionary monetary policy, whereas preventing appreciation does not

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