The Canadian exchange rate, er, where er is the Canadian dollar price of the US dollar, will rise when:
A) real GDP in Canada falls.
B) real GDP in the US increases.
C) the Bank of Canada eases monetary policy.
D) Canadian consumers' preference for US-built cars falls.

Question

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The Answer of The Canadian exchange rate, er, where er is the Canadian dollar price of the US dollar, will rise when:
A) real GDP in Canada falls.
B) real GDP in the US increases.
C) the Bank of Canada eases monetary policy.
D) Canadian consumers' preference for US-built cars falls.

The Canadian Exchange Rate, Er, Where Er Is the Canadian