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If a contractionary monetary policy raises interest rates in the US, what will happen to the value of the US dollar, the value of the
If a contractionary monetary policy raises interest rates in the US, what will happen to the value of the US dollar, the value of the Japanese Yen, and the US balance of trade? (Dollar) (Value of Yen) (Balance of Trade)
appreciate appreciate toward surplus
no change appreciate toward deficit
appreciate depreciate toward deficit
appreciate appreciate toward deficit
appreciate depreciate toward surplus
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