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    Macroeconomics Study Set 47
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    Exam 18: Openness in Goods and Financial Markets
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    Which of the Following Will Cause a Real Appreciation
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Which of the Following Will Cause a Real Appreciation

Question 24

Question 24

Multiple Choice

Which of the following will cause a real appreciation?


A) A decrease in P*.
B) A decrease in P.
C) A decrease in E.
D) Both A and C.
E) Both B and C.

Correct Answer:

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