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If the inflation rate in the United States is greater than the inflation rate in Britain, other things held constant, the British pound will Question
If the inflation rate in the United States is greater than the inflation rate in Britain, other things held constant, the British pound will
Question 16 options:
| Depreciate against the U.S. dollar. |
| Remain unchanged against the U.S. dollar. |
| Appreciate against other major currencies. |
| Appreciate against the U.S. dollar. |
| Appreciate against the dollar and other major currencies. |
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