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Question 7 1 pts Among the statements below pick the one that can be best used to describe the long - run effects on the
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pts
Among the statements below pick the one that can be best used to describe the longrun effects on the exchange rate given provisions of the monetary approach. Select one the most appropriate answer.
No correct answer.
All answers are correct.
Interest rate cut leads to currency appreciation.
Output plunge causes currency depreciation.
A drop in money supply brings about currency appreciation.
Currency appreciates with the increase in money demand.
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