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A situation in which policymakers with a pegged exchange-rate system change the parity value such that it takes more units of the domestic currency to

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A situation in which policymakers with a pegged exchange-rate system change the parity value such that it takes more units of the domestic currency to purchase one unit of the foreign currency is called: (A) de valuation (B) revaluation Answer: (A de valuation (C) depreciation appreciation

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