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Assume That a Country's Currency Is Appreciating

Question 161

Multiple Choice

Assume that a country's currency is appreciating. Which of the following conditions would be less likely to be true of this country?


A) The country has a relatively high rate of inflation.
B) The GDP of the country is growing very fast.
C) The country has a relatively high rate of inflation
D) Inflation is increasing at an increasing rate.
E) The country has a relatively low rate of inflation.

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