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Question 18 (1 point) If Canada's inflation rate is consistently lower than the U.S. inflation rate, what impact will this likely have on the future

Question 18 (1 point) If Canada's inflation rate is consistently lower than the U.S. inflation rate, what impact will this likely have on the future value of the Canadian dollar relative to the U.S. dollar? a) The Canadian dollar will decrease in value over time. b) No impact. Inflation differentials do not affect exchange rate values. c) The Canadian dollar will increase in value over time. Previous Page Next Page Page 18 of 34 Submit Quiz 9 of 34 questions saved

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