In May 2013, Brazilian President Dilma Rousseff said she would ensure that Brazil's central bank had the autonomy to do what was needed to tame inflation. Brazil's central bank would have to pursue a(n) _____ monetary policy. As a result, the dollar would _____ against the real (Brazil's currency) , making U.S. exports to Brazil _____.
A) expansionary; rise; more expensive
B) expansionary; fall; cheaper
C) tight; rise; more expensive
D) tight; fall; cheaper
Correct Answer:
Verified
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