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Empirical tests indicate that the international fisher effect theory, in general, a. none of the answers b. holds up well when exchange rates are fixed
Empirical tests indicate that the international fisher effect theory, in general,
a. none of the answers
b. holds up well when exchange rates are fixed by the governments
c. holds up well over the long run
d. cannot really be tested for periods when exchange rates have been free to fluctuate
e. holds up well for short time periods
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