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Suppose the money supply in Great Britain grows more quickly than the money supply in the rest of Europe. We would expect that _______. a.

Suppose the money supply in Great Britain grows more quickly than the money supply in the rest of Europe. We would expect that _______. a. the British pound should depreciate relative to the Euro b. the British pound should appreciate relative to the Euro c. the British pound should maintain a constant nominal exchange rate with the Euro because of purchasing-power parity d. none of the answer choices are correct

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