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    Exam 17: Output and the Exchange Rate in the Short Run
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    When EP/P* Rises
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When EP/P* Rises

Question 63

Question 63

Multiple Choice

When EP/P* rises


A) IM will rise.
B) IM will fall.
C) IM may rise or fall.
D) IM is not affected.
E) IM and P* will both rise.

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