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The policy action to increase output as in the diagram above would cause the Australian dollar t A.appreciate against other currencies because of a higher

The policy action to increase output as in the diagram above would cause the Australian dollar t

A.appreciate against other currencies because of a higher interest rate

B. depreciate against other currencies.

C. stay the same as the monetary policy has no effect on the exchange rate

D.

image text in transcribed
Refer to the following AS-AD diagram: The policy action to increase output as in the diagram above would cause the Australian dollar to O appreciate against other currencies because of a higher interest rate 0 depreciate against other currencies. O stay.r the same as the monetary policyr has no effect on the exchange rate 0 appreciate against other currencies due to stronger output

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