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    Principles of Economics
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    Exam 31: Open-Economy Macroeconomics: Basic Concepts
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    In the 1970s and 1980s the U
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In the 1970s and 1980s the U

Question 48

Question 48

True/False

In the 1970s and 1980s the U.S.dollar depreciated against the German mark and appreciated against the Italian lira because the United States experienced more inflation than Germany but less inflation than Italy.

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