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As a Result of Contractionary Monetary Policy

Question 192

Multiple Choice

As a result of contractionary monetary policy


A) interest rates fall, the dollar depreciates, and domestic goods become cheaper, thereby reducing net exports.
B) interest rates rise, the dollar appreciates, and domestic goods become more expensive, thereby reducing net exports.
C) interest rates rise, the dollar appreciates, and domestic goods become cheaper, thereby reducing net exports.
D) interest rates rise, the dollar appreciates, and domestic goods become cheaper, thereby increasing net exports.

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