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Under a flexible exchange rate, the central bank can depreciate the value of the currency by: A. raising interest rates or buying local currency on
Under a flexible exchange rate, the central bank can depreciate the value of the currency by: A. raising interest rates or buying local currency on the open market B. reducing interest rates or buying local currency on the open market C. raising interest rates or selling local currency on the open market D. reducing interest rates or selling local currency on the open market
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