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Suppose that the Bank of Japan is considering lowering the interest rate next week. Which of the following is not true? a. Currency traders expect
Suppose that the Bank of Japan is considering lowering the interest rate next week. Which of the following is not true?
a. Currency traders expect the Australian dollar to depreciate.
b. People begin to sell yen and buy Australian dollars.
c. Currency traders expect the demand for Australian dollars to increase.
d. Currency traders expect the demand for yen to decrease
Please explain all options. (Must)
Including correct option.
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