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Suppose that the European central bank was expected to increase interest rates in the euro zone. When the ECB met, they decided to keep interest
Suppose that the European central bank was expected to increase interest rates in the euro zone. When the ECB met, they decided to keep interest rates constant in the euro zone. Everything else held constant, this would cause the U.S. dollar to _______.
A. not be affected
B. Depreciate
C. Appreciate
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