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The Federal Reserve unexpectedly cuts the interest rate and the European Central Bank keeps interest rates constant in the Euro zone. Move the appropriate curve
The Federal Reserve unexpectedly cuts the interest rate and the European Central Bank keeps interest rates constant in the Euro zone. Move the appropriate curve or curves on the graph to illustrate the effect on the price of U.S. dollars relative to euros Macmillan Supply Exchange rate (price of SUS) Demand Quantity of SUS
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