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13 The growing size of the population lander Is IT Turkey results in families and the government Spending more on domestic goods and services such as education and healthcare, Consider the determination of the real exchange rate q mis of the IL. by relative demand (RD) and relative supply (RS) of Turkish output, With q on the vertical axis, and relative Turkish output on the horizontal axis the above policies would lead to a. A real appreciation of the TL by shifting the RD curve to the right b. A real depreciation of the TL by shifting the RD curve to the len c. A teal appreciation of the TL by shifting the RS curve to the left d. A real depreciation of the TL by shifting the RS curve to the right 14. The growth of the Turkish construction sector caused a slow down in investments and productivity increases in the Turkish manufacturing sector which is the main driver of Turkish exports. Consider the determination of the real exchange rate q (TLS) by relative demand (RD) and relative supply (RS) of Turkish output. With o on the vertical axis, and relative Turkish output on the horizontal axis, this situation would lead to A real appreciation of the TL by shifting the RD curve to the right b. A real depreciation of the TL, by shifting the RD curve to the left c. A real appreciation of the TL by shifting the RS curve to the left d. A real depreciation of the TL. by shifting the RS curve to the right 15. Consider the Turkish export market where prices are expressed in terms of S. The effect of a depreciation on export revenues in terms of $ is tradercase because the volume of exports decreases and the price of each unit of exports decreases. b. An increase, because the volume of exports increases and price of each unit of exports increases. Ambiguous because while the volume of exports increases, price of each unit of exports decreases, d. Ambiguous because while the volume of exports decreases, price of each unit of exports increases thich of the