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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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