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Question 21 If a Canadian dollar costs $0.84 in U.S. dollars today and traded for $0.86 last year, the US dollar has appreciated against the

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Question 21 If a Canadian dollar costs $0.84 in U.S. dollars today and traded for $0.86 last year, the US dollar has appreciated against the Canadian dollar. has less buying power in Canada o has depreciated against the Canadian dollar has violated purchasing power parity

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