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    Exam 17: Exchange Rates and Macroeconomic Policy
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    The Hard-Landing Scenario Begins with
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The Hard-Landing Scenario Begins with

Question 35

Question 35

Multiple Choice

The hard-landing scenario begins with


A) a US recession.
B) a decline in foreign demand for US assets.
C) an increase in foreign demand for dollars.
D) an increase in foreign demand for assets.
E) a US expansion.

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