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  3. Study Set
    Macroeconomics Study Set 8
  4. Exam
    Exam 10: Exchange Rates, business Cycles, and Macroeconomic Policy
  5. Question
    A Decrease in the Exchange Rate Under the Fixed Exchange
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A Decrease in the Exchange Rate Under the Fixed Exchange

Question 8

Question 8

Multiple Choice

A decrease in the exchange rate under the fixed exchange rate system is called


A) revaluation.
B) depreciation.
C) devaluation.
D) appreciation.

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