Multiple Choice
Based on this figure, if the official fixed value of krone is fixed at $0.15 per krone, then the Norwegian krone is ________ and the international reserves of Norway will ________ krone per period. 
A) undervalued; increase by 2,000
B) overvalued; decrease by 5,500
C) undervalued; increase by 5,500
D) overvalued; decrease by 2,000
Correct Answer:
Verified
Correct Answer:
Verified
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