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what generally happens when a central bank unexpectedlly quits? a. the currency strengthens b. the currency weakens c. the currency strengthens, then weakens d. the

image text in transcribedwhat generally happens when a central bank unexpectedlly quits? a. the currency strengthens b. the currency weakens c. the currency strengthens, then weakens d. the currency weakens, then strengthens

BGN 1.3551 /1.3552 BGN EUR t 1.3552 0111 At 13:18 Op 1.3663 Hi 1.3666 Lo 1.3544 Close 1.3663 Value 02/03/14 96 Actions 9 Edit 98 Table 95 Save As Line Chart EUR BGN Curncy 11) Compare Mov. Avgs 01/03/2005 01/01/20 1D 3D 1M 6M YTD Y 5Y Max Daily Security/Study v M Event Track Annotate News Zoom European Central Bank Add Securi interest rates -1.6000 U.S. dollars per euro M EUR BGN Curncy 4.000 Last Price Add Study 1.5000 Add Field -3.500 EURRO02W Index Last Price 1.4045 Add Study Add Field 3.000 What generally happens when a central bank unexpectedly increases interest rates? 1.3000 o The currency strengthens o The currency weakens 1.2000 The currency strengthens, then weakens. 2.000 The currency weakens, then strengthens. 2008 Select one of the answers above

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