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Question 11 2.85 pts Suppose the economy of China experiences a currency appreciation-- meaning, it takes more of another country's currency to be exchanged for

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Question 11 2.85 pts Suppose the economy of China experiences a currency appreciation-- meaning, it takes more of another country's currency to be exchanged for 1 unit of China's currency. What will be the likely immediate impact on equilibrium in the Chinese economy? Real GDP and price-level both increase Real GDP rises, price-level falls Real GDP Falls, price-level rises Real GDP and price-level both decrease

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