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If the US experiences higher inflation relative to Australia, then in the foreign exchange market, ceteris paribus, we would expect: Select one: O the demand

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If the US experiences higher inflation relative to Australia, then in the foreign exchange market, ceteris paribus, we would expect: Select one: O the demand for Australian dollars to shift to the left, causing an appreciation of the Australian dollar O the supply of Australian dollars to shift to the left, causing an appreciation of the Australian dollar O the demand for Australian dollars to shift to the left, causing a depreciation of the Australian dollar O the supply of Australian dollars to shift to the right, causing a depreciation of the Australian dollar

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