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If the Reserve Bank sets a target exchange rate that is higher than the current exchange rate, then Select one: a. the Reserve Bank must
If the Reserve Bank sets a target exchange rate that is higher than the current exchange rate, then
Select one:
a. the Reserve Bank must buy dollars.
b. the Reserve Bank will try to print more dollars for foreign distribution.
c. the Reserve Bank can do nothing in the short run.
d. the Reserve Bank must sell dollars.
e. none of the above are correct.
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