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In the Short-Run,an Appreciation in the Value of the U

Question 46

Multiple Choice

In the short-run,an appreciation in the value of the U.S.dollar will tend to cause ________.


A) a decrease in the level of income and higher inflation
B) an increase in the level of income and higher inflation
C) an increase in the level of income and lower inflation
D) a decrease in the level of income and lower inflation

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