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Suppose the economy of China experiences a currency appreciation-- meaning, it takes more of another country's currency to be exchanged for 1 unit of

Suppose the economy of China experiences a currency appreciation-- meaning, it takes more of another country's currency to be exchanged for 1 unit of China's currency. VWhat will be the likely immediate impact on equilibrium in the Chinese economy? O Real GDP and price-level both increase O Real GDP rises, price-level falls O Real GDP falls, price-level rises O Real GDP and price-level both decrease

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