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-Based on the Diagram Above,if the Krone Exchange Rate Is

Question 153

Multiple Choice

-Based on the diagram above,if the krone exchange rate is fixed at $0.14 per krone,the krone is A) devalued. B) revalued. C) overvalued. D) undervalued. E) valued at par.
-Based on the diagram above,if the krone exchange rate is fixed at $0.14 per krone,the krone is


A) devalued.
B) revalued.
C) overvalued.
D) undervalued.
E) valued at par.

Correct Answer:

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