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Using the AD-AS model, if the nominal exchange rate decreases, then in the short run prices increase, GDP increases, unemployment decreases prices decrease, GDP increases,
Using the AD-AS model, if the nominal exchange rate decreases, then in the short run
prices increase, GDP increases, unemployment decreases
prices decrease, GDP increases, unemployment decreases
prices increase, GDP decreases, unemployment increases
prices decrease, GDP decreases, unemployment increases
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