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A country highly reliant on imports is experiencing a large decrease in the value of its home currency relative to countries it wants to import
A country highly reliant on imports is experiencing a large decrease in the value of its home currency relative to countries it wants to import from which is causing higher inflationary pressures. Which of the following actions should be taken to improve this situation? Select all that apply.
A)Raise short -term interest rates
B)Actively purchase its home currency
C)Lower short-term interest rates
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