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During a Financial Crises a Country Typically Experiences an Exchange

Question 28

Multiple Choice
During a financial crises a country typically experiences an exchange rate depreciation.The U.S.experience from 2008-2009 was

During a financial crises a country typically experiences an exchange rate depreciation.The U.S.experience from 2008-2009 was


A) consistent with this prediction.
B) a constant exchange rate.
C) a move from flexible to fixed exchange rates.
D) an appreciation in the exchange rate.
E) a move from fixed to flexible exchange rates.

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