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If Inflation Rates in Norway Accelerate Relative to Inflation Rates

Question 49

Multiple Choice

If inflation rates in Norway accelerate relative to inflation rates in Malaysia then the Malaysian ringgit will _____ and the Norwegian krone will _____.


A) depreciate, appreciate
B) appreciate, appreciate
C) depreciate, depreciate
D) appreciate, depreciate
E) depreciate, stay the same

Correct Answer:

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