If the U.S. inflation rate is at a higher level than the New Zealand inflation rate, this will cause U.S. consumers to ____ their imports from New Zealand and New Zealand consumers to ____ their imports from the U.S. According to purchasing power parity (PPP), this will result in a(n) ____ of the New Zealand dollar (NZ$). Question 38Select one: a. reduce; increase; appreciation b. increase; reduce; appreciation c. reduce; increase; depreciation d. reduce; increase; appreciation