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M/LtRHXH) M/L(R:=.YF)' Using this, answer 3. The equation of the real-exchange rate approach model is E = q x questions below. 3.a. Foreign nominal money

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M/LtRHXH) M/L(R:=.YF)' Using this, answer 3. The equation of the real-exchange rate approach model is E = q x questions below. 3.a. Foreign nominal money supply increased. What would the model predict? the appreciation of Home currency, the depreciation of Home currency, or no clear prediction? 3.b. Home real output increased. What would the model predict! the appreciation of Home currency, the depreciation of Home currency, or no clear prediction

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