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    Principles of Economics Study Set 8
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    Exam 32: A Macroeconomic Theory of the Open Economy
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    Because Depreciation of the Real Exchange Rate of the Dollar
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Because Depreciation of the Real Exchange Rate of the Dollar

Question 165

Question 165

True/False

Because depreciation of the real exchange rate of the dollar increases U.S. net exports, the demand curve for dollars in the foreign-currency exchange market is downward sloping.

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