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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.
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. Dollar falls. c. U.S. interest rates decrease. Dollar falls. d. Interest rates decrease in all countries. Dollar rises e. Interest rates rise in Europe and Asia, but not in the United States
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