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In the Long Run,a Rise in a Country's Price Level

Question 1

Multiple Choice
In the long run,a rise in a country's price level (relative to the foreign price level)causes its currency to ________,while a rise in the country's relative productivity causes its currency to ________.

In the long run,a rise in a country's price level (relative to the foreign price level) causes its currency to ________,while a rise in the country's relative productivity causes its currency to ________.


A) appreciate; appreciate
B) appreciate; depreciate
C) depreciate; appreciate
D) depreciate; depreciate

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