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    Macroeconomics Principles
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    Exam 17: Exchange Rates and Macroeconomic Policy
  5. Question
    A Devaluation of a Currency Means That the Exchange Rate
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A Devaluation of a Currency Means That the Exchange Rate

Question 78

Question 78

True/False

A devaluation of a currency means that the exchange rate (price of that currency)has changed to a higher fixed rate.

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